Econ Services' Statement of Cash Flows Indicates a $73,000 Increase

question 61

Multiple Choice

Econ Services' statement of cash flows indicates a $73,000 increase in cash during the year.The statement also indicates that the company used $42,000 for operating activities and $89,000 was provided by financing activities.How much was net cash provided/(used) by investing activities?

• A)$204,000
• B)($58,000)
• C)$26,000
• D)($47,000)

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