Use the Information Below to Answer the Following Questions

question 14

Multiple Choice

Use the information below to answer the following questions:
Tell Ltd’s bank statement showed a credit balance of $7000 at 30 November 2012. It also showed bank service charges of $1100 and the collection of a note for the company amounting to $300. Unpresented cheques were $700 and there was an outstanding deposit for $2300.
-What was the bank balance in Tell Ltd's books at 30 November 2012 before the adjustments?

• A) $7800 DR
• B) $7900 CR
• C) $8600 CR
• D) $9400 DR.

Calculate net cash provided by operating activities using the indirect method.

Understand the impact of changes in current asset and current liability accounts on cash flows.

Compute free cash flow.

Interpret the effects of transactions involving property, plant, and equipment (PP&E) on cash flows.

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Definitions:

Panic Disorder

A psychiatric disorder characterized by sudden episodes of intense fear or anxiety, which may include physical symptoms such as palpitations, sweating, and feelings of unreality.

Spontaneously

Occurring naturally, without being provoked or planned in advance.

Behavioural Avoidance Test

An assessment tool used to measure avoidance behavior by observing how individuals react to situations or stimuli they fear.

Agoraphobic Avoidance

The deliberate avoidance of places or situations out of fear of having a panic attack or feelings of being trapped, embarrassed, or helpless.