The most recent balance sheet and income statement of Heldt Corporation appear below: The company paid a cash dividend and it did not dispose of any property, plant, and equipment. The company did not purchase 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 for the year was:
A)$102
B)$61
C)$(102)
D)$(61)

Question

The most recent balance sheet and income statement of Heldt Corporation appear below:   The company paid a cash dividend and it did not dispose of any property, plant, and equipment. The company did not purchase 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 for the year was:
A)$102 
B)$61 
C)$(102) 
D)$(61)

Quizplus · Accepted Answer

Investing activities:
 11eaa48f_7afc_fd03_9e4a_4594378dc6be_TB2485_00

The Most Recent Balance Sheet and Income Statement of Heldt