Cowpletion Your answers are saved automatically Remaining Time 2 hours, 04 minutes. 27 seconds. Question Completion Status: beln hello Mowing to other questioni Save this response ET Question 23 Using the data set below, calculate net cash provided (used) by investing activities: Account Amount Increase in inventory 30,000 Common stock issued 200,000 LT Investments purchased 100,000 Bonds payable increase 200,000 Net income (accrual basis) 150,000 Purchase of plant & equipment 250,000 Proceeds from the sale of equipment 500,000 A $220,000 Han/ OR. $720,000 OC $250,000 OD. $150,000 Moving to another question will save this response. 90 888 es 767 3 % 5 l & Q es W E 8 R T o Y U $ 1 D o F P Z H X J C K V L B N M V V X Command option Completion Your answers are seved automatically Remaining Time: 2 hours, 04 minutes, 11 seconds. Question Completion Status bello hell Mowing to another question will save this response. Fres Question 24 Using the data set below, what amount is reported for current assets on a classified balance sheet for 2020? Account GL Balance Accounts receivable 45,000 Cash 220,000 Equipment 580,000 Interest payable 125,000 Inventory 200,000 Prepaid Insurance 45,000 Short-term investments 105,000 O A $965,000 and CZ 08. $740,000 OC $635,000 OD.5615,000 Moving to another question will save this response 38 RAP 30 8884 15 3 $ 4 ose re Q 6 W & 7 E 8 R T 9 Y 0 S U D F o G P . J XIC V . L B N M Remaining Time: 2 hours. 04 minutes, 01 Question Completion Status Click Submit to complete this assessment. Question 25 All of the following are limitations of the balance sheet except: O A. Most assets and liabilities are reported at historical cost. OB. The balance sheet omits many items of financial value because they cannot be reliably measured. O Judgments and estimates are used to report many items on the balance sheet. D. The balance sheet is prepared at a point in time, making it less useful. Click Submit to complete this assessment. 80 FS 7 2 # 3 $ 4 A % 5 6 & 7 * 00 Q 8 ( 9 W ) 0 E R T Y U 1 S o D F G H J C L V B N M