Two years ago, your company bought $40,000 in bonds from another company. This month, it sold half of those bonds for $20,640 and lent $1,000 to an employee with a promissory note. On the statement of cash flows for this accounting period, your company would report a net cash:
A) outflow of $19,640 from investing activities.
B) inflow of $19,640 from investing activities.
C) cash inflow of $20,640 from investing activities.
D) cash outflow of $20,640 from investing activities.

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The Answer of Two years ago, your company bought $40,000 in bonds from another company. This month, it sold half of those bonds for $20,640 and lent $1,000 to an employee with a promissory note. On the statement of cash flows for this accounting period, your company would report a net cash:
A) outflow of $19,640 from investing activities.
B) inflow of $19,640 from investing activities.
C) cash inflow of $20,640 from investing activities.
D) cash outflow of $20,640 from investing activities.

Two Years Ago, Your Company Bought $40,000 in Bonds from Another