Multiple Choice
For the year ended December 31,Year 1,Fields Company made cash payments of $50,000 for dividends,paid interest of $20,500,paid $30,000 cash to suppliers,and purchased equipment for $64,000 cash.What is the net cash used by investing activities for Year 1?
A) $114,000
B) $64,000
C) $20,500
D) $134,500
Correct Answer:
Verified
Correct Answer:
Verified
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