Tani Corporation's most recent balance sheet appears below: The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $4. The net cash provided by (used in) investing activities for the year was:
A) ($45)
B) $45
C) ($3)
D) $3

Question

Tani Corporation's most recent balance sheet appears below:  The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $4. The net cash provided by (used in) investing activities for the year was:
A) ($45) 
B) $45 
C) ($3) 
D) $3

Quizplus · Accepted Answer

The Answer of Tani Corporation's most recent balance sheet appears below:  The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $4. The net cash provided by (used in) investing activities for the year was:
A) ($45) 
B) $45 
C) ($3) 
D) $3

Tani Corporation's Most Recent Balance Sheet Appears Below: the Company's