Use the Following to Answer Questions

question 71

Multiple Choice

Use the following to answer questions
The Jackson Company issued a one-year $80,000 face value interest-bearing note with a stated interest rate of 9%.The note was issued to the Galaxy Bank on August 1,2016.
-The amount of cash flow from financing activities on the December 31,2016 statement of cash flows would be:

• A)$0.
• B)$80,000 inflow.
• C)$83,000 inflow.
• D)($87,200)outflow.

---

Definitions:

Wrongful Dismissal

The termination of an employee's contract of employment in violation of the law or contractual terms, often leading to legal action.

Constructive Dismissal

An employer's significant change to an employee's terms of employment without the employee's consent, leading the employee to resign.

Unfair Treatment

Acts of injustice or discrimination in various contexts, including workplaces, based on biases or inequalities.

Nonunionized Employees

Workers who are not members of a labor union and thus rely on individual agreements with their employers regarding work conditions, wages, and benefits.