Multiple Choice
Team Shirts,Inc.had net cash from operating activities of $50,000.It paid $40,000 to buy a new computer system by signing a $30,000 note and paying the balance.Net cash from (or used for) investing activities for the period was ________.
A) $(40,000)
B) $(10,000)
C) $40,000
D) $10,000
Correct Answer:
Verified
Correct Answer:
Verified
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