Financial statements of Rukavina Corproation follow:

cash dividends were $12. The company did not dispose of any property, plant and equipment. It did not issue any bonds payable or re-purchase any of its own common stock. The following questions pertain to the companies statement of cash flow's. The net cash provided by (used in) investing activities for the year was:

A.) $53

B.) $12

C.) ($53)

D.) ($12)

- Exdill #3 - Chapters II, 12, 14 1 Saved He Comparative Balance Sheet Ending Beginning Balance Balance $ 25 $ 22 73 36 543 490 328 300 Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $355 $317 $ 54 120 $ 41 100 79 135 $355 70 $317 Income Statement Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income Income taxes Net income