Selected information from Large Corporation's accounting records and financial statements for 2016 is as follows ($ in millions):
Large prepares its financial statements in accordance with IFRS.In its statement of cash flows,Large most likely reports net cash outflows from investing activities of:
A)$18 million.
B)$28 million.
C)$38 million.
D)$68 million.

Question

Selected information from Large Corporation's accounting records and financial statements for 2016 is as follows ($ in millions): 
Large prepares its financial statements in accordance with IFRS.In its statement of cash flows,Large most likely reports net cash outflows from investing activities of:
A)$18 million. 
B)$28 million. 
C)$38 million. 
D)$68 million.

Quizplus · Accepted Answer

The Answer of Selected information from Large Corporation's accounting records and financial statements for 2016 is as follows ($ in millions): 
Large prepares its financial statements in accordance with IFRS.In its statement of cash flows,Large most likely reports net cash outflows from investing activities of:
A)$18 million. 
B)$28 million. 
C)$38 million. 
D)$68 million.

Selected Information from Large Corporation's Accounting Records and Financial Statements