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Romashka [77]
1 year ago
8

In Crane Company, land decreased $154000 because of a cash sale for $154000, the equipment account increased $55000 as a result

of a cash purchase, and Bonds Payable increased $123000 from issuance of bonds for cash at face value. The net cash provided by investing activities is$154000.$99000.$209000.$277000.
Business
1 answer:
Naya [18.7K]1 year ago
5 0

Option (B) The net cash provided by investing activities is $99000 is correct.

<h3>What is net cash?</h3>
  • On a company's financial statements, net cash is a sum that is given.
  • It is determined by deducting a company's total cash from its total liabilities.
  • When assessing the cash flows of a corporation, the net cash figure is frequently utilized.
<h3>What is cash flow?</h3>
  • The net balance of money coming into and going out of a business at a particular period is referred to as cash flow.
  • A firm constantly receives and expends cash.
  • For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
<h3>Calculation of Net cash provided by investing activities:</h3>

Net cash provided by investing activities = land ($154000 cash inflow) - equipment purchase ($55000 cash outflow) = $99000

Hence, The net cash provided by investing activities is $99000.

Learn more about cash flow here:

brainly.com/question/18301012

#SPJ4

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