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Newburn Corporation's Most Recent Balance Sheet Appears Below: the Company's

Question 107

Multiple Choice

Newburn Corporation's most recent balance sheet appears below: Newburn Corporation's most recent balance sheet appears below: The company's net income for the year was $53 and it did not sell or retire any property,plant,and equipment during the year.Cash dividends were $11.The net cash provided by (used in) investing activities for the year was: A) $(33) B) $33 C) $(66) D) $66 The company's net income for the year was $53 and it did not sell or retire any property,plant,and equipment during the year.Cash dividends were $11.The net cash provided by (used in) investing activities for the year was:


A) $(33)
B) $33
C) $(66)
D) $66

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