The following are data concerning cash received or paid from various transactions for Orange Peels Corporation. Sale
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The following are data concerning cash received or paid from various transactions for Orange Peels Corporation.
Sale of land $100,000 Sale of equipment 50,000 Issuance of common stock 70,000 Purchase of equipment 30,000 Payment of cash dividends 60,000 Net cash provided by investing activities is:
(a) $120,000.
(c) $150,000.
(b) $130,000.
(d) $190,000.
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Related Book For
Accounting Tools For Business Decision Making
ISBN: 9780470534786
4th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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