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Beta Co provides the following information about its investing activities for the fiscal year: Cost of purchase of new equipment $90,000 Proceeds from selling old
Beta Co provides the following information about its investing activities for the fiscal year: Cost of purchase of new equipment $90,000 Proceeds from selling old equipment $80,000 Gain from selling old equipment $30,000 Proceeds from issuing debt $85,000 Beta Co.'s statement of cash flows would report net cash flow from investing activities equal to: Select one: A. ($20,000) B. None of others. . C. ($10,000) D. $20,000 . E. $105,000
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