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

question 15

Multiple Choice

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

• A) $88,750 outflow
• B) $141,250 outflow
• C) $152,500 outflow
• D) $41,250 outflow