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Question 38 (3 points) Selected information from Peridot Corporation's accounting records and financial statements for 2021 is as follows ($ in millions): Cash paid to
Question 38 (3 points) Selected information from Peridot Corporation's accounting records and financial statements for 2021 is as follows ($ in millions): Cash paid to acquire machinery $ 31 Reacquired Peridot common stock 57 Proceeds from sale of land 93 Gain from the sale of land 46 Investment revenue received 70 Cash paid to acquire office equipment 90 In its statement of cash flows, Peridot should report net cash outflows from investing activities of: OA) $33 million. B) $109 million. C) $28 million. D) $68 million
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