Ti MC Qu. 125 In preparing a company\'s... In preparing a company\'s statement o

Question

Ti MC Qu. 125 In preparing a company's... In preparing a company's statement of cash flows for the most recent year, the following Information is avallable: Loss on the sale of equipment Purchase of equipment Proceeds from the sale of equipment Repayment of outstanding bonds Purchase of treasury stock ssuance of common stock Purchase of land Increase in accounts recelvable during the year Decrease in accounts payable during the year $14,900 154,000 135,000 91,500 66,500 100,500 124,000 47,500 79,500 39,500 Payment of cash dividends Net cash flows from investing activities for the year were: $270,000 of net cash used O $128,100 of net cash used O $143,000 of net cash provided O $234,500 of net cash provided O $143.000 of net cash used

Explanation / Answer

Net cash flow from investing activities :

so answer is d) $143000 of net cash used

Purchase of equipment (154000) Sale of equipment 135000 Purchase of land (124000) Net cash used in investing activity (143000)

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