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Given the Following Activities The Cash Outflows for Investing and Financing Activities Were:
A)Investing

Question 71

Multiple Choice

Given the following activities:  Payment of cash dividends to shareholders $75,000 Payment of interest on debt 35,000 Purchase of machinery 175,000 Payment on mortgage payable 200,000 Payment to suppliers 65,000 Purchase of short-term marketable securities 15,000\begin{array}{lr}\text { Payment of cash dividends to shareholders } & \$ 75,000 \\\text { Payment of interest on debt } & 35,000 \\\text { Purchase of machinery } & 175,000 \\\text { Payment on mortgage payable } & 200,000 \\\text { Payment to suppliers } & 65,000 \\\text { Purchase of short-term marketable securities } & 15,000\end{array}
The cash outflows for investing and financing activities were:


A) Investing $175,000; financing $310,000
B) Investing $190,000; financing $275,000
C) Investing $190,000; financing $310,000
D) Investing $175,000; financing $275,000

Correct Answer:

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