Selected Information from Peridot Corporation's Accounting Records and Financial Statements

question 129

Multiple Choice

Selected information from Peridot Corporation's accounting records and financial statements for 2018 is as follows ($ in millions) : $\begin{array}{lll}\text {Cash paid to acquire machinery }&\$36\\\text {Reacquired Peridot common stock }&50\\\text {Proceeds from sale of land }&90\\\text {Gain from the sale of land }&52\\\text {Investment revenue received }&66\\\text {Cash paid to acquire office equipment }&80\\\end{array}$
In its statement of cash flows, Peridot should report net cash outflows from investing activities of:

• A) $26 million.
• B) $46 million.
• C) $72 million.
• D) $78 million.

---

Definitions:

Marginal Utility

The extra pleasure or benefit a consumer receives from purchasing an additional unit of a product or service.

Utility Schedule

A table or graph that shows the total utility or satisfaction that a consumer derives from consuming various quantities of a good or service.

Marginal Utility

The incremental utility or joy received when one more unit of a good or service is consumed.

Total Utility

The absolute gratification obtained through the intake of a certain quantity of products or services.