Cash flows from investing activities are ________.
A)$(3,250)
B)$(4,450)
C)$(4,750)
D)$(5,000)

Name: Cash flows from investing activities are ________. A)$(3,250) B)$(4,450) C)$(4,750) D)$(5,000)
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Question

Quizplus · Accepted Answer

The cash flows from investing activities can be calculated as follows:
Proceeds from sale of equipment: $1,500
Purchase of new equipment: $(6,000)
Net cash flows from investing activities: $(4,500)
Therefore, the closest option is $(4,750) which is option C.

Cash Flows from Investing Activities Are ________