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A company had the following cash transactions for the year: (a) Sold services to customers, $100,000 (b) Sold land, $80,000 (c) Repaid borrowing to
A company had the following cash transactions for the year: (a) Sold services to customers, $100,000 (b) Sold land, $80,000 (c) Repaid borrowing to a local bank, $120,000 (c) Paid utilities, $40,000 (d) Purchased treasury stock, $50,000 (e) Paid dividends, $10,000 (f) Purchased equipment, Calculate investing cash flows for the year. $50,000 $30,000 -$90,000 $60,000 -$20,000 -$180,000 Previous
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