VJC Received the Following Cash Inflows During 2012 What Would Be VJC's Cash Inflow from Investing and Financing

question 93

Essay

VJC received the following cash inflows during 2012: $$\begin{array} { | l | l | } \hline \text { Dividends received } & \$ 10,000 \\\hline \text { Sale of capital assets } & 50,000 \\\hline \text { Proceeds of issuing VJC common shares } & 60,000 \\\hline \text { Collection of non-operating notes recewable } & 15,000 \\\hline \text { Proceeds trom mortgaging a building } & \\\hline\end{array}$$ What would be VJC's cash inflow from investing and financing activities, respectively, for 2011 under IFRS?
Note: Under IFRS, dividends received may also be classified as operating cash flows.

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Definitions:

Efficiency

The optimal allocation of resources to maximize the production of goods and services.

Equity

The value of an asset after deducting what is owed on it, or the ownership interest in a company as held by shareholders.

Tax Revenue

The income that is collected by the government through various forms of taxation, including income taxes, corporate taxes, and sales taxes, which is then used to fund public services and government operations.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.