DrMark Veterinary Services Recorded the Following Cash Transactions for the Year

question 126

Multiple Choice

Dr.Mark Veterinary Services recorded the following cash transactions for the year: Paid $154000 for salaries.
Paid $85000 to purchase equipment.
Paid $49000 for utilities supplies insurance and advertising.
Paid $36000 for rent.
Issued shares of stock for $60000
Paid $28000 in dividends.
Collected $650000 from customers.
Paid $3600 to purchase investments.
What was the company's net cash provided (used) by investing activities?

• A)$25000
• B)($85.000)
• C)($88600)
• D)The amount cannot be determined from the information provided.

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Definitions:

Auguste Comte

A French philosopher known as the father of sociology, who advocated for the scientific study of society and the development of positivism.

French Revolution

A period of radical social and political upheaval in France that started in 1789 and led to the end of monarchy, the rise of Napoleon, and the reformation of the country's social structure.

Social Laws

Rules and regulations established by a society that govern the behavior of its members and are enforced by legal institutions.

Microsociology

The study of individual or small group interactions and behaviors in specific contexts, focusing on the details of social life.