A Firm Purchased $35,000 Worth of Investments Classified as Securities

question 59

Multiple Choice

A firm purchased $35,000 worth of investments classified as securities available for sale.At the end of the year,the investments were worth $23,000.What is the correct presentation of these events in the statement of cash flows prepared under the direct method?

• A) Investing cash outflow,$35,000
• B) Add $23,000 in reconciliation of earnings and net operating cash flow
• C) Investing cash outflow,$35,000;subtract $12,000 in reconciliation of earnings and net operating cash flow
• D) No disclosure is needed.

Understand the symbiotic relationship between small and big businesses.

Identify resources available for minority and women-owned businesses.

Comprehend key factors contributing to business success and failure.

Understand the use and importance of market research in small businesses.

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Definitions:

Vital Signs

Basic measurements of the body's most important functions, including temperature, pulse, respiration, and blood pressure.

Morphine

A powerful opiate analgesic drug derived from opium, used to relieve severe pain.

Audiotaped Exchange

A recorded audio interaction or conversation, often used for analysis, documentation, or educational purposes.

Referral

The act of directing someone to a specialist or professional for consultation or treatment.