Winslow Manor Construction Provided the Following Information During the Year

question 60

Multiple Choice

Winslow Manor Construction provided the following information during the year: $$\begin{array} { l r } \text { Proceeds from sale of building } & \$ 65,000 \\\text { Cash paid to purchase inventories } & 22,000 \\\text { Proceeds from issuing long-term debt } & 17,000 \\\text { Dividends paid to stockholders } & 12,000 \\\text { Purchase of land for cash } & 56,000 \\\text { Cash collected from customers } & 180,000\end{array}$$ How much is the net cash provided(/used) by investing activities during the year?

• A)$26,000
• B)$14,000
• C)$9,000
• D)-$14,000

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Definitions:

Text Tabulations

The arrangement of data in tables or lists that makes information easier to read and understand.

General-purpose Tables

Tables designed for wide-ranging uses or functions, rather than being specialized for a particular type of data or analysis.

Column Heads

Column heads are the titles or headings used at the top of columns in tables or spreadsheets to denote the content or category of the information listed below them.

Gantt Chart

A type of bar chart that illustrates a project schedule, showing the start and finish dates of various elements of a project.