Hirshberg Corporation's comparative balance sheet appears below: The company's net income for the year was $11,000 and its cash dividends were $4,000. It did not sell or retire any property, plant, and equipment during the year.The company's net cash provided by (used in) investing activities is: Garrison 16e Rechecks 2017-09-22
A) $(6,000)
B) $(54,000)
C) $(24,000)
D) $(44,000)

Question

Hirshberg Corporation's comparative balance sheet appears below:  The company's net income for the year was $11,000 and its cash dividends were $4,000. It did not sell or retire any property, plant, and equipment during the year.The company's net cash provided by (used in) investing activities is: Garrison 16e Rechecks 2017-09-22
A) $(6,000) 
B) $(54,000) 
C) $(24,000) 
D) $(44,000)

Quizplus · Accepted Answer

The Answer of Hirshberg Corporation's comparative balance sheet appears below:  The company's net income for the year was $11,000 and its cash dividends were $4,000. It did not sell or retire any property, plant, and equipment during the year.The company's net cash provided by (used in) investing activities is: Garrison 16e Rechecks 2017-09-22
A) $(6,000) 
B) $(54,000) 
C) $(24,000) 
D) $(44,000)

Hirshberg Corporation's Comparative Balance Sheet Appears Below: the Company's