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A Company Had the Following Cash Flows for the Year

question 133

Multiple Choice

A company had the following cash flows for the year:
(a) Purchased land,$60,000
(b) Borrowed from a local bank,$100,000
(c) Paid employee salaries,$50,000
(d) Issued common stock,$75,000
(e) Paid dividends,$20,000
(f) Sold equipment,$40,000
(g) Sold services to customers,$120,000
What amount would be reported for net financing cash flows on the Statement of Cash Flows?

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Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to estimate the population parameter.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.

Inspiratory Reserve Volume (IRV)

The additional amount of air that can be inhaled after a normal inhalation, increasing lung volume beyond the tidal volume.

Expiratory Reserve Volume (ERV)

The additional amount of air that can be forcibly exhaled after a normal exhalation.

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