During 2012,Smithson Corp

question 92

Multiple Choice

During 2012,Smithson Corp.had the following cash flows: receipt from customers,$10,000; receipt from the bank for long-term borrowing,$6,000; payment to suppliers,$5,000; payment of dividends,$1,000,payment to workers,$2,000; and payment for machinery,$8,000.What amount would be reported for investing cash flows on the Statement of Cash Flows?

• A)$5,000.
• B)$2,000.
• C)$6,000.
• D)($8,000).

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Definitions:

Impulses

Sudden desires or urges that can lead an individual to act without forethought, often based on immediate emotional responses.

Freud

Freud, an Austrian neurologist, introduced psychoanalysis, which involves therapeutic conversations between a psychoanalyst and a patient to treat mental illnesses.

Sexual

Pertaining to or involving the sex organs, sexual acts, or sexual desire.

Psychoanalytic Theory

A theory developed by Sigmund Freud that emphasizes the influence of the unconscious mind on behavior.