Megna Company's net income last year was $143,000. Changes in the company's balance sheet accounts for the year appear below: The company paid a cash dividend and it did not dispose of any long-term investments or property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in)investing activities last year was:

Question

Megna Company's net income last year was $143,000. Changes in the company's balance sheet accounts for the year appear below:  The company paid a cash dividend and it did not dispose of any long-term investments or property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in)investing activities last year was:

Quizplus · Accepted Answer

Investing activities:
 11eaa48f_7afb_c47a_9e4a_4d0010e281ad_TB2485_00

Megna Company's Net Income Last Year Was $143,000