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During 2012, Towson Recording Company Increased Its Investment in Marketable

Question 55

Multiple Choice

During 2012, Towson Recording Company increased its investment in marketable securities by $36,845, funded fixed assets acquisition by $109,455, and had marketable securities to the tune of $14,215 mature. What is the net cash used in investing activities?


A) $132,085
B) $145,940
C) -$132,085
D) none of the above

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