What is the firm's net cash flow provided by (used in) investing activities?
A) $0
B) $46,124
C) -$46,124
D) None of the above

Question

Quizplus · Accepted Answer

The firm's cash flow statement shows that it spent $46,124 on purchasing property, plant, and equipment. This indicates that the firm used cash in its investing activities, resulting in a net cash outflow of $46,124. Therefore, the correct answer is (C) -$46,124.

What Is the Firm's Net Cash Flow Provided by (Used