Figure 15-2. Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:
Refer to Figure 15-2.The net cash flows from investing activities to be reported in a statement of cash flows is
A)$(75,000)
B)$75,000
C)$(115,000)
D)$115,000

Question

Figure 15-2. Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:
 Refer to Figure 15-2.The net cash flows from investing activities to be reported in a statement of cash flows is
A)$(75,000) 
B)$75,000 
C)$(115,000) 
D)$115,000

Quizplus · Accepted Answer

The Answer of Figure 15-2. Chandler Company's net income last year was $98,000 and cash dividends declared and paid to the company stockholders was $13,000.Changes in selected balance sheet accounts for the year appear below:
 Refer to Figure 15-2.The net cash flows from investing activities to be reported in a statement of cash flows is
A)$(75,000) 
B)$75,000 
C)$(115,000) 
D)$115,000