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Oracle CoHad the Following Activity During 2011 What Was the Cash Flow from Investing Activities?
A)$157,000
B)$140,000

Question 59

Multiple Choice

Oracle Co.had the following activity during 2011:  Proceeds from sale of equipment $193,000 Dividends paid on common shares 7,000 Purchase of long-term investments 29,000 Repurchase of shares issued 17,000\begin{array}{lr}\text { Proceeds from sale of equipment } & \$ 193,000 \\\text { Dividends paid on common shares } & 7,000 \\\text { Purchase of long-term investments } & 29,000 \\\text { Repurchase of shares issued } & 17,000\end{array}
What was the cash flow from investing activities?


A) $157,000
B) $140,000
C) $164,000
D) $147,000

Correct Answer:

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