Buckley Corporation's most recent comparative balance sheet appears below: The company's net income for the year was $91 and it paid a cash dividend of $22. It did not dispose of any property, plant, and equipment during the year. The company did not retire any bonds payable or repurchase any of its own common stock.The net cash provided by (used in) investing activities for the year was:
A) $(69)
B) $69
C) $136
D) $(136)

Question

Buckley Corporation's most recent comparative balance sheet appears below:  The company's net income for the year was $91 and it paid a cash dividend of $22. It did not dispose of any property, plant, and equipment during the year. The company did not retire any bonds payable or repurchase any of its own common stock.The net cash provided by (used in) investing activities for the year was:
A) $(69) 
B) $69 
C) $136 
D) $(136)

Quizplus · Accepted Answer

The Answer of Buckley Corporation's most recent comparative balance sheet appears below:  The company's net income for the year was $91 and it paid a cash dividend of $22. It did not dispose of any property, plant, and equipment during the year. The company did not retire any bonds payable or repurchase any of its own common stock.The net cash provided by (used in) investing activities for the year was:
A) $(69) 
B) $69 
C) $136 
D) $(136)

Buckley Corporation's Most Recent Comparative Balance Sheet Appears Below