Silken Corp.reported net income of $420,000 for 2014.Changes occurred in several balance sheet accounts as follows: Additional information:
In Silken's 2014 statement of cash flows,net cash used in investing activities should be
A) $30,800.
B) $16,800.
C) $2,800.
D) $49,000.

Question

Silken Corp.reported net income of $420,000 for 2014.Changes occurred in several balance sheet accounts as follows:  Additional information:
 In Silken's 2014 statement of cash flows,net cash used in investing activities should be
A) $30,800. 
B) $16,800. 
C) $2,800. 
D) $49,000.

Quizplus · Accepted Answer

The Answer of Silken Corp.reported net income of $420,000 for 2014.Changes occurred in several balance sheet accounts as follows:  Additional information:
 In Silken's 2014 statement of cash flows,net cash used in investing activities should be
A) $30,800. 
B) $16,800. 
C) $2,800. 
D) $49,000.