The Statement of Cash Flows for Lights-On, a Leading Electric

question 44

Multiple Choice

The statement of cash flows for Lights-On, a leading electric utility for the year ended December 31, 20x2, showed a net cash inflow from operations of $427,000 million and a net cash outflow for financing of $21,800 million.The comparative balance sheets showed a balance in cash of $32,700 at December 31, 20x1, and $101,200 at December 31, 20x2.Compute the net amount of cash provided or used by Lights-On's investing activities for 20x2.

• A)$68,500 million provided
• B)$271,300 million used
• C)$372,500 million provided
• D)$336,700 million used
• E)$236,700 million used

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Definitions:

Gandhi

Mohandas Karamchand Gandhi, an Indian lawyer, anti-colonial nationalist, and political ethicist, who employed nonviolent resistance to lead the successful campaign for India's independence from British rule.

Retributive Justice

A system of criminal justice based on the punishment of offenders rather than rehabilitation, premised on the belief that punishment is a morally justified response to wrongdoing.

Coercive Powers

The ability or authority to force someone to do something or to restrain their actions by using threats or violence.

Surveillance Technologies

Systems and devices used for monitoring and observing individuals or groups, often used for security, control, or data collection purposes.