A Summary of the Entries in the Cash Ledger Account

question 57

Multiple Choice

A summary of the entries in the Cash ledger account of Staple Ltd for the month of January was as follows:
-What was the cash flow from investing activities of Staple Ltd?

• A) ($5000)
• B) ($45 000)
• C) ($65 000)
• D) ($55 000)

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Definitions:

Interest Rate

The cost incurred by a borrower for the privilege of using funds, defined as a percentage of the principal value.

Indifferent

A state of having no preference between two or more outcomes; neutrality in preference.

Interest Rate

The percentage at which interest is paid by borrowers for the use of money that they borrow from a lender.

Future Value

The amount of money in the future that an amount of money today will yield, given prevailing interest rates