Multiple Choice
Megenity Company's net income last year was $194,000. Changes in the company's balance sheet accounts for the year appear below: The company declared and paid cash dividends of $132,000 last year. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in) investing activities last year was:
A) $(75,000)
B) $75,000
C) $(95,000)
D) $95,000
Correct Answer:

Verified
Correct Answer:
Verified
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