The Most Recent Balance Sheet and Income Statement of Penaloza

question 106

Multiple Choice

The most recent balance sheet and income statement of Penaloza Corporation appear below: The company paid a cash dividend of $18. It did not dispose of any property, plant, and equipment. The company did not retire any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) investing activities for the year was:

• A)$72
• B)$104
• C)($104)
• D)($72)

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Definitions:

Sustainability

An organization's ability to profit without depleting its resources, including employees, natural resources, and the support of the surrounding community.

Eco-friendly Vision

A strategic outlook or plan that emphasizes sustainability and minimal environmental impact.

Sustainably Sourced

Referring to goods or materials obtained through methods that do not deplete the resources used or harm the environment, often supporting long-term ecological balance.

Ethical Climate

The collective understanding within an organization about what is deemed right or wrong, significantly influencing individual and group decision-making behaviors.