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jrdavis jrdavis
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6 years ago
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

Intermediate Accounting


Edition: 1st
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jayfo05jayfo05
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6 years ago
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