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    Exam 9: Preparing and Analyzing the Statement of Cash Flows
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    Team Shirts, Inc
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Team Shirts, Inc

Question 147

Question 147

Multiple Choice

Team Shirts, Inc. bought a screen-printing machine for $50,000, received $15,000 for the sale of its machine, and repaid a loan of $20,000. The amount of net cash from (or used for) INVESTING activities is ________.


A) $(35,000)
B) $15,000
C) $(5,000)
D) $20,000

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