In Preparing a Company's Statement of Cash Flows for the Most

question 198

Multiple Choice

In preparing a company's statement of cash flows for the most recent year,Ransom Corp.reported the following information:
$\begin{array}{lr}\text { Repayment of outstanding bonds } & \$ 107,000 \\\text { Purchase of treasury stock } & 62,000 \\\text { Issuance of common stock } & 46,000 \\\text { Payment of cash dividends } & 15,\end{array}$
Net cash flows from financing activities for the year were:

• A) $230,000 of net cash used.
• B) $230,000 of net cash provided.
• C) $108,000 of net cash used.
• D) $138,000 of net cash used.
• E) $138,000 of net cash provided.

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Definitions:

Ecotone

A transitional zone between two different ecosystems or biomes, often rich in species diversity.

Transition Zone

The transition zone is an area or region where different ecological communities or physical environments meet and integrate, often leading to high biodiversity.

Neritic Province

Ocean water that extends from the shoreline to where the bottom reaches a depth of 200 m. Compare with oceanic province.

Euphotic Zone

The upper reaches of the ocean, in which enough light penetrates to support photosynthesis.