Arkansas Corp

question 138

Multiple Choice

Arkansas Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for the year: Plant assets, net-beginning balance: $111,000
Plant assets, net-ending balance: $145,000
Equipment was purchased for $65,000 with cash.
Equipment with a net asset value of $12,000 was sold for $19,000.
Depreciation Expense of $19,000 was recorded during the year.
What was the amount of net cash provided by (used for) investing activities?

• A) $(46,000)
• B) $46,000
• C) $(65,000)
• D) $(34,000)

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Definitions:

Experimental Units

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Treatments

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A table used to display the statistical components of the analysis of variance, which helps determine if there are significant differences between the means of three or more groups.