Hirshberg Corporation's comparative balance sheet appears below: The company's net income (loss)for the year was $11,000 and its cash dividends were $4,000.It did not sell or retire any property,plant,and equipment during the year. The company's net cash used in investing activities is:
A)$6,000
B)$54,000
C)$24,000
D)$44,000

Question

Hirshberg Corporation's comparative balance sheet appears below:  The company's net income (loss)for the year was $11,000 and its cash dividends were $4,000.It did not sell or retire any property,plant,and equipment during the year. The company's net cash used in investing activities is:
A)$6,000 
B)$54,000 
C)$24,000 
D)$44,000

Quizplus · Accepted Answer

Investing activities:
 11eaa3fe_3177_8ba6_908b_03aeab4231c6_TB2461_00

Hirshberg Corporation's Comparative Balance Sheet Appears Below: the Company's