Yi Company Began Operations on January 1, 2013

question 99

Multiple Choice

Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions:
1) issued stock for $40,000
2) borrowed $25,000 from its bank
3) provided consulting services for $38,000
4) paid back $15,000 of the bank loan
5) paid rent expense for $9,000
6) purchased equipment costing $12,000
7) paid $3,000 dividends to stockholders
8) paid employees' salaries, $21,000
What is Yi's net cash flow from operating activities?

• A) Inflow of $5,000
• B) Inflow of $8,000
• C) Inflow of $17,000
• D) Inflow of $33,000

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Definitions:

Human Embryos

Early stages of human development, from fertilization until the end of the eighth week of gestation.

Third-Party Reproduction

The process of having a baby through the use of reproductive technologies and biological materials (e.g., sperm, eggs, embryos) from a donor other than the intended parents.

Surrogacy Arrangements

Agreements where a woman agrees to carry and give birth to a child for another person or couple, potentially involving legal and financial terms.

Egg Donation

The process by which a woman donates eggs for purposes of assisted reproduction or biomedical research, often involving legal and ethical considerations.