During the Year,Penso Ltd Received $50 000 from Its Customers,$5000

question 7

Multiple Choice

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 operating activities?

• A) $25 000
• B) $23 000
• C) ($17 000)
• D) $20 000

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Definitions:

LSD

Lysergic acid diethylamide, a powerful hallucinogenic drug known for altering perception and causing hallucinations.

Regular Users

Individuals who consistently utilize a service, product, or platform on a frequent and routine basis.

Motor Coordination

The ability of different parts of the body to work together smoothly and efficiently.

Psychoactive Drug

A substance that chemically alters the brain's activity, leading to changes in how one perceives, feels, is conscious of, thinks about, or acts upon things.