The Comparative Balance Sheets of Posner Company, for Years 1

question 42

Multiple Choice

The comparative balance sheets of Posner Company, for Years 1 and 2 ended December 31, appear below in condensed form: ​ ​
Additional data for the current year are as follows: ​
What are the net cash flows from operating, investing, and financing activities for Year 2?
​

• A) operating: $108,000; investing: ($105,200); financing: ($60,000)
• B) operating: $151,800; investing: ($84,200); financing: ($64,600)
• C) operating: $122,200; investing: ($84,200); financing: ($35,000)
• D) operating: $172,200; investing: ($109,200); financing: ($60,000)

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Definitions:

Vegetative State

A condition in which a person is awake but shows no signs of awareness due to severe brain injury.

Brain Waves

Brain waves are patterns of electrical activity occurring in the brain, associated with different states of consciousness, thought, and mental health.

Locked-In Syndrome

A neurological disorder characterized by complete paralysis of voluntary muscles except for those that control eye movement, while consciousness and cognitive functions remain intact.

Living Will

A document that indicates what medical intervention an individual prefers if he or she is not conscious when a decision is to be expressed. For example, some do not want mechanical breathing.