McCorey Corporation recorded the following events last year:
On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above,the net cash provided by (used in)investing activities on the statement of cash flows would be:
A) $110,000
B) $55,000
C) $150,000
D) $130,000

Question

McCorey Corporation recorded the following events last year:
  On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above,the net cash provided by (used in)investing activities on the statement of cash flows would be:
A) $110,000 
B) $55,000 
C) $150,000 
D) $130,000

Quizplus · Accepted Answer

11ea7761_1597_9515_81a5_3b3cee3324b2_TB2580_00

McCorey Corporation Recorded the Following Events Last Year