During 2012,Smithson Corp

question 6

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 financing 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:

Value Meal

A bundled meal offered at a fast-food restaurant at a discounted price, typically including a main item, a side, and a drink.

Tacos

A traditional Mexican dish made of a corn or wheat tortilla folded or rolled around a filling such as beef, chicken, or vegetables.

Marginal

Referring to the change in an outcome resulting from a one-unit increase in an input or variable.

Alternatives

Different options or choices available in a given situation or for a particular problem.