The Most Recent Balance Sheet and Income Statement of Penaloza

question 120

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:

Neurosis

A mental health term historically used to describe a range of psychological problems characterized by anxiety, depression, or other feelings of distress.

Hostility

Feelings of anger, aggression, or resentment that are often displayed through antagonistic or unfriendly behavior.

Neuroses Development

The formation of neurotic behaviors or conditions, characterized by psychological stress and anxiety without psychosis.

Parental Love

A profound and instinctive affection that parents feel towards their children, characterized by a deep bond and commitment to their well-being, development, and happiness.