In preparing a company's statement of cash flows for the most recent year, the following information is available: Net cash flows from investing activities for the year were:
A)$231,000 of net cash used.
B)$39,000 of net cash provided.
C)$231,000 of net cash provided.
D)$39,000 of net cash used.
E)$65,000 of net cash provideD.

Question

In preparing a company's statement of cash flows for the most recent year, the following information is available:  Net cash flows from investing activities for the year were:
A)$231,000 of net cash used. 
B)$39,000 of net cash provided. 
C)$231,000 of net cash provided. 
D)$39,000 of net cash used. 
E)$65,000 of net cash provideD.

Quizplus · Accepted Answer

The Answer of In preparing a company's statement of cash flows for the most recent year, the following information is available:  Net cash flows from investing activities for the year were:
A)$231,000 of net cash used. 
B)$39,000 of net cash provided. 
C)$231,000 of net cash provided. 
D)$39,000 of net cash used. 
E)$65,000 of net cash provideD.

In Preparing a Company's Statement of Cash Flows for the Most