Question
The following information is available for Something Strange Corporation (assuming all transactions affected cash): Sale of land $100,000 Sale of equipment 50,000 Issuance of common
The following information is available for Something Strange Corporation (assuming all transactions affected cash):
| Sale of land | $100,000 |
| Sale of equipment | 50,000 |
| Issuance of common stock | 70,000 |
| Purchase of equipment | 30,000 |
| Payment of cash dividends | 60,000 |
Net cash provided by investing activities is
| a. | $130,000.
|
| b. | $120,000.
|
| c. | $190,000.
|
| d. | $150,000.
|
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Public Sector Accounting And Auditing In Europe The Challenge Of Harmonization
Authors: I. Brusca, E. Caperchione, S. Cohen, F Manes Rossi
2015th Edition
1137461330, 978-1137461339
