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-The Amount Reported as Net Cash Provided by Investing Activities

question 72

Multiple Choice

 The following data is for the Kris Company for 2015 Gain on sale of equipment $8,000 Purchase of First Corp. bonds (face value $250,000 )  275,000 Proceeds from sale of machinery 300,000 Dividends paid 50,000 Proceeds from sale of treasury stock 200,000\begin{array}{l}\text { The following data is for the Kris Company for } 2015 \text {; }\\\begin{array}{lr}\text { Gain on sale of equipment } & \$8, 000 \\\text { Purchase of First Corp. bonds (face value } \$ 250,000 \text { ) } & 275,000 \\\text { Proceeds from sale of machinery } & 300,000 \\\text { Dividends paid } & 50,000 \\\text { Proceeds from sale of treasury stock } & 200,000\end{array}\end{array}
-The amount reported as net cash provided by investing activities is


Definitions:

Competition

The rivalry among businesses to attract customers and achieve a higher market share.

High Quality

A standard of excellence or superiority in condition or performance, often measured against other similar items or services in terms of durability, reliability, and satisfaction.

Labor Costs

The total expenditure borne by employers for paying their employees, which includes wages, benefits, and taxes associated with employment.

Employee Involvement

Practices and policies that encourage employees to contribute ideas and participate in decision-making within an organization.

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