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aalyn [17]
3 years ago
9

In preparing Marjorie Company's statement of cash flows for the most recent year, the following information is available:

Business
1 answer:
Damm [24]3 years ago
5 0

Answer: The answer is e. $264,000 of net cash provided.

Explanation:

Marjorie Company

Statement of cash flows

Purchase of equipment                                    ($260,000)

Proceeds from sale of equipment                        87,000

Purchase of land                                                   (91,000)

Net cash flows from investing activities        $264,000

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