Solved

Megenity Company's Net Income Last Year Was $194,000

Question 36

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: 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 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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions