Exhibit 21-2 In preparation for completing the statement of cash flows using the spreadsheet method, Williams Company provided the following information relating to patents for 2014:
-Refer to Exhibit 21-2. The Cash Flows from Investing Activities section would include a net change related to patents of
A) $(600)
B) $(310)
C) $ 310
D) $ 600

Question

Exhibit 21-2 In preparation for completing the statement of cash flows using the spreadsheet method, Williams Company provided the following information relating to patents for 2014: 
-Refer to Exhibit 21-2. The Cash Flows from Investing Activities section would include a net change related to patents of
A) $(600) 
B) $(310) 
C) $ 310 
D) $ 600

Quizplus · Accepted Answer

The net change related to patents in the Cash Flows from Investing Activities section would be a cash outflow of $(600), indicating a purchase or investment in patents.

Exhibit 21-2 in Preparation for Completing the Statement of Cash