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Jordan Brothers had the following transactions during the year: Paid cash dividends of $160 Purchased new machinery for $120 Issued new stock for $50 Issued
Jordan Brothers had the following transactions during the year:
- Paid cash dividends of $160
- Purchased new machinery for $120
- Issued new stock for $50
- Issued new bonds payable for $200
- Sold land for $170
- Recorded depreciation expense of $110
- Purchased treasury stock for $130
What is Jordans cash flow from investing activities for the year?
$-300
$-160
$ - 50
$ - 40
$ - 60
$ 40
$ 50
$ 60
$ 160
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