Use the Following Information to Answer Questions
a Company

question 20

Multiple Choice

Use the following information to answer questions
A company reported the following information for a financial year:
£
$\begin{array}{ll}\text {Profit from ordinary activities before income tax expense }&72,000 \\\text {Income tax expense }&20,000 \\\text {Depreciation expense }&8,000 \\\text { Issue of shares}&40,000 \\\text { Loan made to another company}&6,000 \\\text {Increase in trade receivables }&1,000 \\\text { Decrease in inventories}&2,000 \\\text { Cash received from loans receivable}& 4,000\\\text {Dividends paid }&2,000 \\\end{array}$

-What is the net cash inflow (outflow) from financing activities?

• A) £38 000 net cash inflow;
• B) £40,000 net cash inflow;
• C) £42,000 net cash inflow;
• D) £(2000) net cash outflow.

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Definitions:

Digital Natives

Prensky’s term for people who grew up with digital technologies.

Prensky

Marc Prensky, an educator and author known for coining the terms "digital native" and "digital immigrant" to describe the differences in how people interact with technology based on their age and exposure.

Video Games

Interactive digital entertainment played on computers, consoles, or mobile devices, where players interact with a virtual environment or other players.

Active Revolt

A direct and overt action by a group or individual aimed at challenging and overthrowing an established authority or system.