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39. Company X paid Company Y $1.35 million for a new plant. During the same accounting period, Company X experienced the following changes in its
39. Company X paid Company Y $1.35 million for a new plant. During the same accounting period, Company X experienced the following changes in its balance sheet: cash fell $350,000, accounts receivable rose $321,300, inventory rose $275,800, property, plant, and equipment rose $752,900, and bonds payable rose $1 million. The net cash flow from financing activities is: a. Inflow of $1.35 million b. Outflow of $350,000 c. Inflow of $1 million d. Inflow of $752,900
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