[The Following Information Applies to the Questions Displayed Below

question 101

Multiple Choice

[The following information applies to the questions displayed below.]

On January 1, Year 1, Victor Company issued bonds with a $250,000 face value, a stated rate of interest of 6%, and a 5-year term to maturity. The bonds sold at 95. Interest is payable in cash on December 31 of each year. Victor uses the straight-line method to amortize bond discounts and premiums.

-What is the amount of cash flow from operating activities on the statement of cash flows for the year ending December 31,Year 3?

• A)$17,500
• B)$15,000
• C)$14,250
• D)$12,500

---

Definitions:

Negative Assessment

A critical or unfavorable evaluation of something.

Ethno-Cultural Group

A community of people who share common cultural and ethnic identity, including language, traditions, customs, and often a shared history.

Ascribed Status

A social position a person receives at birth or takes on involuntarily later in life, such as race, gender, and family background.

Socially Disadvantaged

Describes individuals or groups who experience inequality and reduced opportunities due to economic, social, or cultural barriers.