Kaeser Corporation's most recent balance sheet appears below:
The company's net income for the year was $52 and it did not sell or retire any property,plant,and equipment during the year.Cash dividends were $9.The net cash provided by (used in)investing activities for the year was:
A) $17
B) $67
C) ($17)
D) ($67)

Question

Kaeser Corporation's most recent balance sheet appears below:
 The company's net income for the year was $52 and it did not sell or retire any property,plant,and equipment during the year.Cash dividends were $9.The net cash provided by (used in)investing activities for the year was:
A) $17 
B) $67 
C) ($17) 
D) ($67)

Quizplus · Accepted Answer

Investing activities:
 11ea7761_1591_a17f_81a5_79cc1fbe9110_TB2580_00

Kaeser Corporation's Most Recent Balance Sheet Appears Below