Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
radiants radiants
wrote...
Go to Answer
Posts: 311
Rep: 0 0
5 years ago
Christopher Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for the year:

Plant assets, netbeginning balance: $108,000
Plant assets, netending balance: $149,000
Equipment was purchased for $67,000.
Equipment with a net asset value of $12,000 was sold for $19,000.
Depreciation Expense of $19,000 was recorded during the year.

What was the amount of net cash provided by (used for) investing activities?
A) $(48,000)
B) $48,000
C) $(67,000)
D) $(41,000)
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
Read 29 times
3 Replies
Replies
Answer verified by a subject expert
minty_icyminty_icy
wrote...
#1
Posts: 202
Rep: 44 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

radiants Author
wrote...
#2
5 years ago
TY!
wrote...
#3
5 years ago
You're welcome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1192 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 375
  
 8911
  
 3515
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Where do you get your textbooks?