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For the last two multiple choice questions: Table 1 The following datais for the Lisa Company for 2018: Gain on sale ofequipment $16,000 Purchase of
For the last two multiple choice questions:
Table 1
The following datais for the Lisa Company for 2018:
Gain on sale ofequipment $16,000
Purchase of First bonds (face value$500,000)$550,000
Proceeds from sale ofmachinery $600,000
Dividendspaid $100,000
Proceeds from sale of treasurystock $400,000
A. Refer to Table 1. The amount reported as net cash provided from investing activities is:
$50,000
$100,000
$550,000
$600,000
B. Refer to Table 1. The amount reported as net cash provided by financing activities is
- $50,000
- $60,000
- $300,000
- $400,000
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