-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:

Marginal Value Curve

A graphical representation that shows how the value (or utility) of consuming an additional unit of a good or service changes as consumption increases.

Expenditure Curves

Expenditure curves represent the relationship between the quantity of goods purchased and the amount of money spent.

Monopsony Power

A market condition where there is only one buyer for a product or service, giving that buyer significant control over prices.

Price

Price is the amount of money expected, required, or given in payment for something, playing a central role in the economics of market transactions.