The Following Information Applies to the Questions Displayed Below

question 48

Multiple Choice

The following information applies to the questions displayed below.

Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions:
1) issued stock for $40,000
2) borrowed $25,000 from its bank
3) provided consulting services for $39,000
4) paid back $15,000 of the bank loan
5) paid rent expense for $9,000
6) purchased equipment costing $12,000
7) paid $3,000 dividends to stockholders
8) paid employees' salaries, $21,000

-What is Yowell's net cash flow from operating activities?

• A)Inflow of $6,000
• B)Inflow of $9,000
• C)Inflow of $18,000
• D)Inflow of $30,000

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Definitions:

Legally

Pertaining to the law or the practices and procedures prescribed by law.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, such as coronary artery disease and hypertension.

Moderate Exercise

Physical activity that is not too strenuous but is enough to increase heart rate and improve fitness, often recommended for general health benefits.

Fitness

The condition of being physically healthy and strong, often associated with the ability to perform aspects of sports, occupations, and daily activities.