Tani Corporation's most recent balance sheet appears below: The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $4. The net cash provided by (used in) investing activities for the year was:
A)($45)
B)$45
C)($3)
D)$3

Question

Tani Corporation's most recent balance sheet appears below:  The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $4. The net cash provided by (used in) investing activities for the year was:
A)($45) 
B)$45 
C)($3) 
D)$3

Quizplus · Accepted Answer

The Answer of Tani Corporation's most recent balance sheet appears below:  The company's net income for the year was $18 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $4. The net cash provided by (used in) investing activities for the year was:
A)($45) 
B)$45 
C)($3) 
D)$3

Tani Corporation's Most Recent Balance Sheet Appears Below: the Company's