Dingo Boot Company uses the direct method to prepare its statement of cash flows.The company had the following cash flows during 2014:

-See information regarding Ding Boot Company above.The net cash provided by (used in)investing activities is
A) $220,000.
B) $140,000.
C) $60,000.
D) $(80,000).

Question

Dingo Boot Company uses the direct method to prepare its statement of cash flows.The company had the following cash flows during 2014:
 
-See information regarding Ding Boot Company above.The net cash provided by (used in)investing activities is
A) $220,000. 
B) $140,000. 
C) $60,000. 
D) $(80,000).

Quizplus · Accepted Answer

The Answer of Dingo Boot Company uses the direct method to prepare its statement of cash flows.The company had the following cash flows during 2014:
 
-See information regarding Ding Boot Company above.The net cash provided by (used in)investing activities is
A) $220,000. 
B) $140,000. 
C) $60,000. 
D) $(80,000).

Dingo Boot Company Uses the Direct Method to Prepare Its