The following cash transactions were among those reported by Genesee County's Wastewater Enterprise Fund for the year:
In the Wastewater Enterprise Fund's statement of cash flows for the year ended December 31, what amount should be reported as cash flows from investing activities?
A) $ 300,000.
B) $1,300,000.
C) $5,300,000.
D) $6,300,000.

Question

The following cash transactions were among those reported by Genesee County's Wastewater Enterprise Fund for the year: 
In the Wastewater Enterprise Fund's statement of cash flows for the year ended December 31, what amount should be reported as cash flows from investing activities?
A) $ 300,000. 
B) $1,300,000. 
C) $5,300,000. 
D) $6,300,000.

Quizplus · Accepted Answer

The Answer of The following cash transactions were among those reported by Genesee County's Wastewater Enterprise Fund for the year: 
In the Wastewater Enterprise Fund's statement of cash flows for the year ended December 31, what amount should be reported as cash flows from investing activities?
A) $ 300,000. 
B) $1,300,000. 
C) $5,300,000. 
D) $6,300,000.

The Following Cash Transactions Were Among Those Reported by Genesee