4) Financial statements of Rukavina Corporation follow: 350 300 $493 $434 189 70

Question

4)

Financial statements of Rukavina Corporation follow:

350      

300      

$493      

$434      

189      

70      

$493      

$434      

383

127

87

$158

Cash dividends were $39. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.

$(39)

$(65)

$(98)

$10

5) Alcoser Corporation's most recent balance sheet appears below:

Financial statements of Rukavina Corporation follow:

Explanation / Answer

1) The net cash used in investing activities is 678-580=$98.

Correct option is third one.

2) The net cash used in investing activities is 554-480=$74.Since there is an increase in assets, it is an outflow. Thus, correct option is second one.

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