Lange Co. provided the following information on selected transactions during 2009:

-The net cash provided (used) by investing activities was
A) $26,000.
B) $(40,000).
C) $(136,000).
D) $(36,000).

Name: Lange Co. provided the following information on selected transactions during 2009: -The net cash provided (used) by investing activities was A) $26,000. B) $(40,000). C) $(136,000). D) $(36,000).
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Lange Co. provided the following information on selected transactions during 2009:
 
-The net cash provided (used) by investing activities was
A) $26,000. 
B) $(40,000). 
C) $(136,000). 
D) $(36,000).

Quizplus · Accepted Answer

$4,000 - ($180,000 + $10,000 - $150,000) = ($36,000)

Lange Co Provided the Following Information on Selected Transactions During 2009