a https// nect.html Chapter 12 Statement of Cash Flow Quiz Loss on the sale of e

Question

a https// nect.html Chapter 12 Statement of Cash Flow Quiz Loss on the sale of equipment Purchase of equipment Proceeds from the sale of equipment Repayment of outstanding bonds Purchase of treasury stock Issuance of common stock Purchase of land Increase in accounts receivable during the year Decrease in accounts payable during the year Payment of cash dividends s 16,008 165,800 146,800 97,890 72,880 106,000 135,800 53,eee 85,800 45,000 Skipped Net cash flows from investing activities for the year were: De Multiple Choice $251.000 of net cash provided. $138,000 of net cash used. $154,000 of net cash used $154,000 of net cash provided $292.000 of net cash used

Explanation / Answer

The correct answer is $154,000 of net cash provided. Purchase of equipment      (165,000) Proceeds from sale of equipment       146,000 Purchase of Land      (135,000) Cash flow from investing activities      (154,000)

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