Kaeser Corporation's most recent balance sheet appears below: The company's net income for the year was $52 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $9. The net cash provided by (used in) investing activities for the year was:
A)$17
B)$67
C)($17)
D)($67)

Question

Kaeser Corporation's most recent balance sheet appears below:  The company's net income for the year was $52 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $9. The net cash provided by (used in) investing activities for the year was:
A)$17 
B)$67 
C)($17) 
D)($67)

Quizplus · Accepted Answer

The Answer of Kaeser Corporation's most recent balance sheet appears below:  The company's net income for the year was $52 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $9. The net cash provided by (used in) investing activities for the year was:
A)$17 
B)$67 
C)($17) 
D)($67)

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