-The Amount Reported as Net Cash from Investing Activities Is
Question 67
Question 67
Multiple Choice
The following data is for the Matt Company for 2015 : Loss on sale of equipment Purchase of Ithaca Corp. bonds (face value $400,000 ) Proceeds from sale of machinery Dividends paid Proceeds from sale of treasury stock $,000375,000200,00025,000100,000 -The amount reported as net cash from investing activities is
A) ($175,000) . B) ($150,000) . C) $87,500. D) $575,000.
Correct Answer:
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