Solved

The Following Data Are Available for Nemo Corporation Net Cash Provided by Investing Activities Is:
A)$315,000

Question 95

Multiple Choice

The following data are available for Nemo Corporation.  Sale of land $250,000 Sale of equipment $125,000 Issuance of common stock 140,000 Purchase of equipment 60,000 Pavment of cash dividends 120,000\begin{array}{lr}\text { Sale of land } & \$ 250,000 \\\text { Sale of equipment } & \$ 125,000 \\\text { Issuance of common stock } & 140,000 \\\text { Purchase of equipment } & 60,000 \\\text { Pavment of cash dividends } & 120,000\end{array} Net cash provided by investing activities is:


A) $315,000.
B) $260,000.
C) $335,000.
D) $455,000.

Correct Answer:

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