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Lucas Company recorded the following events last year: On the statement of cash flows, some of these events are classified as operating activities, some are
Lucas Company recorded the following events last year:
On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities. |
Based solely on the information above, the net cash provided by (used in) investing activities on the statement of cash flows would be: |
$(19,000)
$100,000
$(10,000)
$33,000
Lucas Company recorded the following events last year $38,000 Repurchase by Lucas of its own common stock $57,000 Sale of long-term investment $14,000 Interest paid to lenders $67000 Dividends paid to the Company's shareholders $43,000 Collection by Lucas of a loan made to another company $24,000 Payment of taxes to governmental bodies On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities Based solely on the information above, the net cash provided by (used in) investing activities on the statement of cash flows would be: O 19,000 O 00.000 O 10,000) O $33,000
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