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

11ea7761_159d_fde2_81a5_0ff657e27f49_TB2580_00

Buckley Corporation's Most Recent Comparative Balance Sheet Appears Below