Fluck Corporation's balance sheet and income statement appear below: The company sold equipment for $12 that was originally purchased for $5 and that had accumulated depreciation of $3. The company paid a cash dividend and it did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in)investing activities for the year was:
A)$12
B)$(63)
C)$63
D)$(75)

Question

Fluck Corporation's balance sheet and income statement appear below:    The company sold equipment for $12 that was originally purchased for $5 and that had accumulated depreciation of $3. The company paid a cash dividend and it did not issue any bonds payable or repurchase any of its own common stock.
-The net cash provided by (used in)investing activities for the year was:
A)$12 
B)$(63) 
C)$63 
D)$(75)

Quizplus · Accepted Answer

Investing activities:
 11eaa48f_7aed_9355_9e4a_6d580f48a7ca_TB2485_00

Fluck Corporation's Balance Sheet and Income Statement Appear Below