In preparing Marjorie 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)$438,000 of net cash used.
B)$438,000 of net cash provided.
C)$264,000 of net cash used.
D)$351,000 of net cash used.
E)$264,000 of net cash provideD.

Question

In preparing Marjorie 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)$438,000 of net cash used. 
B)$438,000 of net cash provided. 
C)$264,000 of net cash used. 
D)$351,000 of net cash used. 
E)$264,000 of net cash provideD.

Quizplus · Accepted Answer

The Answer of In preparing Marjorie 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)$438,000 of net cash used. 
B)$438,000 of net cash provided. 
C)$264,000 of net cash used. 
D)$351,000 of net cash used. 
E)$264,000 of net cash provideD.

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