Spade Company Recorded the Following Events Last Year: on the Statement

question 58

Multiple Choice

Spade Company recorded the following events last year: On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.
-Based solely on the information above,the net cash provided by (used in) investing activities on the statement of cash flows would be:

• A)$(947,000)
• B)$(430,000)
• C)$(300,000)
• D)$(620,000)

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Definitions:

Establish A Record

To create or set a documented account of events, activities, or achievements for reference or evidence.

Energy-efficient

Using less energy to perform the same task or produce the same result, often associated with environmental sustainability.

Environmentally Friendly

Practices or products that do not harm the environment.

Alternative

A choice or option that is available as a substitute to the main choice.