From the information below,the total net cash flow from investing activities is:
Borrowed $15 000 cash
Sold motor vehicle $1400
Paid Income tax $20 000
Paid Dividends $8500
Received cash from customers $18 000
Cash purchase of furniture $2700
Depreciation on furniture $270
A) an inflow of $1400.
B) an outflow of $2700.
C) an inflow of $6500.
D) an outflow of $1300.
Correct Answer:
Verified
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