Multiple Choice
Dr.Mark Veterinary Services recorded the following cash transactions for the year: Paid $154000 for salaries.
Paid $85000 to purchase equipment.
Paid $49000 for utilities supplies insurance and advertising.
Paid $36000 for rent.
Issued shares of stock for $60000
Paid $28000 in dividends.
Collected $650000 from customers.
Paid $3600 to purchase investments.
What was the company's net cash provided (used) by investing activities?
A) $25000
B) ($85.000)
C) ($88600)
D) The amount cannot be determined from the information provided.
Correct Answer:

Verified
Correct Answer:
Verified
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