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question 57

Multiple Choice

$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ GIL'S FISHING EQUIPMENT, INC.
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Statement of Cash Flows
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ For the Year Ended December 31, 2008
$\begin{array}{l}\begin{array}{|c|c|}\hline\text { Cash flows from operating activities }\\\hline \text { Cash collected from customers } & \text { A } \\\hline \text { Cash paid to suppliers and employees } & \text { B } \\\hline \text { Cash paid for other operating activities } & \text { C } \\\hline \text { Net cash flow from operating activities } & \\\hline \text { Cash flows from investing activities } & \\\hline \text { Cash paid to purchase equipment and other assets } & \text { D } \\\hline \begin{array}{c}\text { Cash received from selling equipment and other } \\\text { assets }\end{array} & \underline{E} \\\hline \text { Net cash flow from investing activities } & \\\hline \text { Cash flows from financing activities } & \\\hline \text { Cash paid on notes payable } & \text { F } \\\hline \text { Cash paid for dividends } & \underline{G} \\\hline \text { Net cash flow from financing activities } & \\\hline \text { Net change in cash duringthe year } & \\\hline \text { Cash at beginning of year } & \\\hline \text { Cash at end of year } &\\\hline\end{array}\end{array}$
-Refer to the above table.In the statement of cash flows which letters represent cash outflows?

• A)B,C,D,F and G.
• B)A,E and G.
• C)B,C,E and F.
• D)A,E,F and G.

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Definitions:

Marketing Mix

Refers to the blend of strategies used by a business to achieve its objectives in the target market, including variations in product offerings, prices, distribution methods, and promotional activities.

Five Ps

The components of the marketing mix, including Product, Price, Promotion, Place, and People, used to strategically position and sell a product or service.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific point in time, detailing assets, liabilities, and shareholders' equity.

Marketing Mix

The combination of factors controlled by a company to influence consumers to purchase its products, traditionally identified as the 4Ps: Product, Price, Place, and Promotion.