Svengool Inc Based on This Information, What Is the Amount of Net

question 97

Multiple Choice

Svengool Inc. financial statements included the following amounts for the current year: $$\begin{array} {| l | r |} \hline \text { Retired bonds } & \$ 68,000 \\\hline \text { Proceeds from collection of note receivable } & 40,000 \\\hline \text { Dividends received } & 11,000 \\\hline \text { Acquired production machinery } & 59,000 \\\hline \text { Sold treasury stock } & 42,000 \\\hline\end{array}$$
Based on this information, what is the amount of net cash flows from financing activities?

• A) $110,000 net inflow
• B) $93,000 net inflow
• C) $42,000 net outflow
• D) $26,000 net outflow

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