Spackel Corporation 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)($280,000)
B)($390,000)
C)($760,000)
D)($1,286,000)

Question

Spackel Corporation 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)($280,000) 
B)($390,000) 
C)($760,000) 
D)($1,286,000)

Quizplus · Accepted Answer

The Answer of Spackel Corporation 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)($280,000) 
B)($390,000) 
C)($760,000) 
D)($1,286,000)

Spackel Corporation Recorded the Following Events Last Year: on the Statement