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 2016:
-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 2016: 
-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 of $(600) would be included in the Cash Flows from Investing Activities section, as it reflects the cash spent on acquiring or investing in patents, which is a typical investing activity.

Exhibit 21-2 In Preparation for Completing the Statement of Cash Flows Using