Rag Dolls' cash flow from investing activities during 2010 is:
A) $390,000 net cash used by investing activities.
B) $322,500 net cash provided by investing activities.
C) $352,500 net cash used by investing activities.
D) $360,000 net cash used by investing activities.

Question

Quizplus · Accepted Answer

The question doesn't provide any information on Rag Dolls' investing activities. Without this information, it's impossible to calculate the net cash flow from investing activities. Therefore, we have to look at the answer choices and pick the one that seems most reasonable. In this case, option C is the best choice, as it suggests that Rag Dolls used more cash in investing activities than it generated. This could happen if the company invested heavily in its business or made some large purchases during 2010.

Rag Dolls' Cash Flow from Investing Activities During 2010 Is