Spackel Corporation recorded the following events last year:
On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above,the net cash provided by (used in)investing activities on the statement of cash flows would be:
A) $(280,000)
B) $(390,000)
C) $(760,000)
D) $(1,286,000)

Question

Spackel Corporation recorded the following events last year:
  On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above,the net cash provided by (used in)investing activities on the statement of cash flows would be:
A) $(280,000) 
B) $(390,000) 
C) $(760,000) 
D) $(1,286,000)

Quizplus · Accepted Answer

Investing activities:
 11ea7761_1598_7f7b_81a5_f300150d7b09_TB2580_00

Spackel Corporation Recorded the Following Events Last Year