-The Amount Reported as Net Cash from Investing Activities Is

question 103

Multiple Choice

$\begin{array}{l}\text { The following data is for the Matt Company for } 2015 \text { : }\\\begin{array}{lr}\text { Loss on sale of equipment } & \$, 000 \\\text { Purchase of Ithaca Corp. bonds (face value } \$ 400,000 \text { ) } & 375,000 \\\text { Proceeds from sale of machinery } & 200,000 \\\text { Dividends paid } & 25,000 \\\text { Proceeds from sale of treasury stock } & 100,000\end{array}\end{array}$
-The amount reported as net cash from investing activities is

• A)($175,000).
• B)($150,000).
• C)$87,500.
• D)$575,000.