During 2008, Towson Recording Company Increased Its Investment in Marketable

question 76

Multiple Choice

During 2008, Towson Recording Company increased its investment in marketable securities by $36,845, funded fixed assets acquisition by $109,455, and had marketable securities of $14,215 mature. What is the net cash provided by (used in) investing activities?

• A) $132,085
• B) $145,940
• C) -$132,085
• D) -$145,940

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