QUESTION 29 Corporations invest in other companies for all of the following reasons except to O A increase trading of the other companies' stock OB. house excess cash until needed OC.meet strategic goals D.generate earnings QUESTION 30 Kanet Company issued common stock for proceeds of $386,000 during 2016. The company paid dividends of $80,000 and issued a long term note payable for $95,000 in exchange section of the statement of cash flows will report net cash inflows of A $291,000 for equipment during the year The company also purchased treasury stock that had a cost of $15,000 The financing $481 000 C $306.000 D $371,000