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Consider the Following Events \bullet Cash of $168,000 Was Used to Purchase a Used Truck

Question 52

Multiple Choice

Consider the following events:
\bullet Cash of $168,000 was used to purchase a used truck.
\bullet Cash of $120,000 was used to retire bonds.
\bullet Cash of $75,000 was received from the sale of an investment at a loss.
\bullet Cash dividends of $42,000 were received from an investment.
\bullet Plant assets were depreciated $18,000, under the straight-line method.
Compute the net cash flow from investing activities (parentheses indicate an outflow) :


A) $ 75,000
B) $(213,000)
C) $ (21,000)
D) $ (93,000)

Correct Answer:

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