Melmore Ltd Had the Following Activity During 20X7 What Is the Cash Flow from Financing Activities?
A) $135,000

question 101

Multiple Choice

Melmore Ltd had the following activity during 20X7: $$\begin{array} { | l | r | } \hline \text { Proceeds from sale of long-term investments } & \$ 156,000 \\\hline \text { Gain on the sale of long-term investments } & \$ 16,000 \\\hline \text { Loss on the disposal of equipment ( } \$ 0 \text { proceeds from disposal) } & \$ 17,000 \\\hline \text { Proceeds from sale of preferred shares } & \$ 182,000 \\\hline \text { Repayment of long-term debt } & \$ 30,000 \\\hline\end{array}$$ What is the cash flow from financing activities?

• A) $135,000
• B) $168,000
• C) $169,000
• D) $152,000

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