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Two years ago, your company bought $41,000 in bonds from another company. This month, it sold half of those bonds for $20,740 and purchased the
Two years ago, your company bought $41,000 in bonds from another company. This month, it sold half of those bonds for $20,740 and purchased the common stock of another company for $1,050. On the statement of cash flows for this accounting period, your company would report a net cash:
A)outflow of $19,690 from investing activities. B)inflow of $19,690 from investing activities. C)outflow of $20,740 from investing activities. D)inflow of $20,740 from investing activities. |
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