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What Is the Investment Cash Flow, Given the Following Information

Question 15

Multiple Choice

What is the investment cash flow, given the following information?
 Net income$560Depreciation $50 Issuance of new stock$35 Repayment of long-term debt $70Sale of old equipment $70 Purchase of new equipment$80 Dividend payments$75 Interest payments$90\begin{array}{lrr} \text { Net income} &\$560\\ \text {Depreciation } &\$50\\ \text { Issuance of new stock} &\$35\\ \text { Repayment of long-term debt } &\$70\\ \text {Sale of old equipment } &\$70\\ \text { Purchase of new equipment} &\$80\\ \text { Dividend payments} &\$75\\ \text { Interest payments} &\$90\\\end{array}


A) $220
B) $140
C) $120
D) $20
E) $10

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