In preparing a company's statement of cash flows for the most recent year, the following information is available: Net cash flows from investing activities for the year were:
A) $134,000 of net cash used by investing activities.
B) $134,000 of net cash provided by investing activities.
C) $120,000 of net cash used by investing activities.
D) $252,000 of net cash used by investing activities.
E) $221,000 of net cash provided by investing activities.

Question

In preparing a company's statement of cash flows for the most recent year, the following information is available:  Net cash flows from investing activities for the year were:
A) $134,000 of net cash used by investing activities. 
B) $134,000 of net cash provided by investing activities. 
C) $120,000 of net cash used by investing activities. 
D) $252,000 of net cash used by investing activities. 
E) $221,000 of net cash provided by investing activities.

Quizplus · Accepted Answer

The Answer of In preparing a company's statement of cash flows for the most recent year, the following information is available:  Net cash flows from investing activities for the year were:
A) $134,000 of net cash used by investing activities. 
B) $134,000 of net cash provided by investing activities. 
C) $120,000 of net cash used by investing activities. 
D) $252,000 of net cash used by investing activities. 
E) $221,000 of net cash provided by investing activities.

In Preparing a Company's Statement of Cash Flows for the Most