-Refer to the Above Table

question 75

Multiple Choice

$$\begin{array} { | l | r | } \hline \text { Net income } & \$ 7,000 \\\hline \text { Dividends paid to shareholders } & 2,000 \\\hline \text { Cash received from selling land } & \mathbf { 3 , 0 0 0 } \\\hline \text { Cash received from new barik loarn } & 5,000 \\\hline \text { Cash paid for principal on old bark loarn } & 1,000 \\\hline \text { Cash paid to purchase office equipment } & 4,000 \\\hline\end{array}$$
-Refer to the above Table.The company would report a net cash inflow (outflow) from financing activities of:

• A)$7,000
• B)$2,000
• C)$5,000
• D)$6,000

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Definitions:

Social Responsibility

The obligation of individuals, groups, or entities to act for the benefit of society at large, often evidenced by sustainable practices, philanthropy, and ethical behavior.

Economic Responsibility

The obligation of an organization or individual to act in ways that are financially beneficial and not harmful to the economy.

Minimum Ethically Required

The lowest standard of behavior expected of individuals or organizations, based on ethical principles and societal norms.

Social Responsibility

The obligation of individuals and organizations to act in ways that benefit society at large, often beyond legal or financial requirements.