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Use the Information Given Below to Answer the Following Questions

question 5

Multiple Choice

Use the information given below to answer the following questions:
During the year, Penso Ltd received $50 000 from its customers, $5000 for the sale of a motor vehicle and $20,000 for the issue of shares. It paid $27,000 to suppliers and employees, $3000 for income tax and $50,000 for new machinery. In addition, it paid out $12 000 to redeem bonds. Its cash balance at the commencement of the year was $22,000.
-What were the cash flows from investing activities?


Definitions:

Ribs

Bones that form the rib cage, designed to protect thoracic organs, such as the heart and lungs, and support the upper body.

Sternum

The long flat bone located in the center of the chest, which connects to the ribcage and protects the heart and lungs.

Rib

A long, curved bone surrounding the chest cavity that protects the heart and lungs and serves as attachment for chest muscles.

Vertebra

One of the individual bones that form the vertebral column in vertebrates, providing structural support and protecting the spinal cord.

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