Spanner Company recorded the following events last year: On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above, the net cash provided by (used in) investing activities on the statement of cash flows would be:
A) $(430,000)
B) $(935,000)
C) $(580,000)
D) $(300,000)

Question

Spanner Company recorded the following events last year:  On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above, the net cash provided by (used in) investing activities on the statement of cash flows would be:
A) $(430,000) 
B) $(935,000) 
C) $(580,000) 
D) $(300,000)

Quizplus · Accepted Answer

The Answer of Spanner Company recorded the following events last year:  On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above, the net cash provided by (used in) investing activities on the statement of cash flows would be:
A) $(430,000) 
B) $(935,000) 
C) $(580,000) 
D) $(300,000)

Spanner Company Recorded the Following Events Last Year: on the Statement