Question
The following information pertains to cash received or paid from various transactions of the Kyle Company. Sale of land $100,000 Sale of equipment 50,000 Issuance
The following information pertains to cash received or paid from various transactions of the Kyle Company.
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 (used by) investing activities is
| a. | $120,000 | |
| b. | $130,000 | |
| c. | $150,000 | |
| d. | $190,000 | |
| e. | none of the above |
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Fraud Examination Investigative And Audit Procedures
Authors: Joseph T. Wells
1st Edition
089930639X, 978-0899306391
