In Preparing a Company's Statement of Cash Flows for the Most

question 16

Multiple Choice

In preparing a company's statement of cash flows for the most recent year, the following information is available: Net cash flows from investing activities for the year were:

• A) $234,000 of net cash used.
• B) $120,000 of net cash provided.
• C) $340,000 of net cash used.
• D) $259,000 of net cash used.
• E) $280,000 of net cash provided.