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Tandoor Inc. financial statements included the following amounts for the current year:

jrdavis

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6 years ago

Tandoor Inc. financial statements included the following amounts for the current year:

Tandoor Inc. financial statements included the following amounts for the current year:

Retired bonds$73,000
Proceeds from collection of note receivable33,000
Dividends received45,000
Acquired production machinery51,000
Sold treasury stock37,000

Based on this information, what is the amount of net cash flows from investing activities?
A) $84,000 net inflow
B) $22,000 net inflow
C) $18,000 net outflow
D) $36,000 net outflow

Textbook

Intermediate Accounting

Edition: 1^st

Authors: Gordon, Raedy, Sannella

Read 259 times

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jayfo05

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More solutions for this book are available here

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natatorr, kayla martins

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jrdavis Author

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6 years ago

Correct!

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Alex D.

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4 years ago

thanks

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Wei Q.

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3 years ago

Thank you

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KHALYFE J.

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3 years ago

Thank You

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Magic C.

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3 years ago

Thank you

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kayla m.

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3 years ago

Thank tou

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sarthak P.

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3 years ago

thank you

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Josue G.

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3 years ago

Great

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