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Phibbs Company Prepared the Following Data for the Year What Is the Net Cash Flow from Investing Activities?
A)

question 15

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Phibbs Company prepared the following data for the year.  Outflow to purchase treasury stock $30,000Inflow from sale of machinery 7,500Inflow from sale of marketable securities 3,750Outflow to purchase building 87,500Outflow to purchase land 12,500Outflow to pay dividends7,500Outflow to pay interest37,500\begin{array}{|l|r|}\hline \text { Outflow to purchase treasury stock } &\$ \quad30,000 \\\hline \text {Inflow from sale of machinery } &7,500 \\\hline \text {Inflow from sale of marketable securities } &3,750 \\\hline \text {Outflow to purchase building } &87,500 \\\hline \text {Outflow to purchase land } &12,500 \\\hline \text {Outflow to pay dividends} &7,500 \\\hline \text {Outflow to pay interest} &37,500 \\\hline\end{array} What is the net cash flow from investing activities?

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