Consider the following events:
Cash of $56,000 was used to purchase a used truck.
Cash of $40,000 was used to retire bonds.
Cash of $25,000 was received from the sale of an investment at a loss.
Cash dividends of $14,000 were received from an investment.
Plant assets were depreciated $6,000, under the straight-line method
Compute the net cash flow from investing activities (parentheses indicate an outflow) :
A) $25,000
B) ($47,000)
C) ($ 7,000)
D) ($31,000)
Correct Answer:
Verified
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