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Two years ago, Bethel, Inc. bought $43,000 in bonds from another company. This month, it sold half of those bonds for $21,140 and purchased the
Two years ago, Bethel, Inc. bought $43,000 in bonds from another company. This month, it sold half of those bonds for $21,140 and purchased the common stock of another company for $1,250. On the statement of cash flows for this accounting period, Bethel would report a net cash:
Multiple Choice
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inflow of $19,890 from investing activities.
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inflow of $21,140 from investing activities.
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outflow of $21,140 from investing activities.
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outflow of $19,890 from investing activities.
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