Given the Following Information,determine the Amount of Cash Flows from Investing

question 35

Multiple Choice

Given the following information,determine the amount of cash flows from investing and financing activities.
$$\begin{array} { | l | r | } \hline \text { Net income } & \$ 70,000 \\\hline \text { Loss on sale of plant assets } & 25,000 \\\hline \text { Cash received from sale of plant assets } & \mathbf { 3 6 , 0 0 0 } \\\hline \text { Cash received from issuing stock } & \mathbf { 8 0 , 0 0 0 } \\\hline \text { Increase in income taxes payable } & \mathbf { 2 0 , 0 0 0 } \\\hline\end{array}$$

• A) \(\begin{array}{|l|}
• \hline\text { Cash provided by investing activities, } \$ 11,000 \\
• \hline \text { Cash provided by financing activities, } \$ 80,000 \\
• \hline
• \end{array}\)
• B) Cash used by investing activities, \( \$ 80,000 \)
• Cash used by financing activities, \( \$ 11,000 \)
• C) Cash provided by investing activities, \( \$ 80,000 \)
• Cash provided by financing activities, \( \$ 36,000 \)
• D) \(\begin{array}{|l|}
• \hline\text { Cash used by investing activities, } \$ 25,000 \\
• \hline \text { Cash used by financing activities, } \$ 36,000 \\
• \hline
• \end{array}\)
• E) \(\begin{array}{|l|}
• \hline \text { Cash provided by investing activities, } \$ 36,000 \\
• \hline \text { Cash provided by financing activities, } \$ 80,000 \\
• \hline
• \end{array}\)

Identify the critical components of opportunity recognition in entrepreneurship.

Acknowledge the realistic time frame and expectations concerning venture success and venture capital involvement.

Distinguish between myths and realities about entrepreneurs to correct common misconceptions.

Understand the significance of achievement motivation within the entrepreneurial setting.

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