[The following information applies to the questions displayed below.]
An analysis of Kenny Corporation's Investment in Marketable Securities account during 2018 disclosed the following:
Kenny's 2018 income statement included a $90,000 loss on sale of marketable securities and $65,000 dividend income from marketable securities.All payments and proceeds relating to marketable securities transactions were in cash.
-Based solely on the above information,Kenny's net cash flow from investing activities for 2018 is:
A)$215,000 net cash used by investing activities.
B)$165,000 net cash provided by investing activities.
C)$265,000 net cash used by investing activities.
D)$290,000 net cash provided by investing activities.

Question

[The following information applies to the questions displayed below.]
An analysis of Kenny Corporation's Investment in Marketable Securities account during 2018 disclosed the following:
  Kenny's 2018 income statement included a $90,000 loss on sale of marketable securities and $65,000 dividend income from marketable securities.All payments and proceeds relating to marketable securities transactions were in cash.
-Based solely on the above information,Kenny's net cash flow from investing activities for 2018 is:
A)$215,000 net cash used by investing activities. 
B)$165,000 net cash provided by investing activities. 
C)$265,000 net cash used by investing activities. 
D)$290,000 net cash provided by investing activities.

Quizplus · Accepted Answer

The Answer of [The following information applies to the questions displayed below.]
An analysis of Kenny Corporation's Investment in Marketable Securities account during 2018 disclosed the following:
  Kenny's 2018 income statement included a $90,000 loss on sale of marketable securities and $65,000 dividend income from marketable securities.All payments and proceeds relating to marketable securities transactions were in cash.
-Based solely on the above information,Kenny's net cash flow from investing activities for 2018 is:
A)$215,000 net cash used by investing activities. 
B)$165,000 net cash provided by investing activities. 
C)$265,000 net cash used by investing activities. 
D)$290,000 net cash provided by investing activities.

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