Starlight Co. provided the following information on selected transactions during 20X1:      Purchase of land                                     $600,000      Proceeds from issuing bonds                2,000,000      Purchase of inventory                           1,800,000      Purchase of treasury stock                      400,000      Dividends paid to shareholders               300,000      Proceeds from issuing preferred stock    500,000      Proceeds from sale of equipment            400,000 The net cash provided (used) by investing activities during 20X1 is   Question 10 options:   $(200,000).   $1,300,000.   $(700,000).   $0.

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Operating Cash Flows

A cash flow statement (CFS) helps the company to know the amount of cash at its disposal, the activities that lead to earning cash, and the activities which require cash expenditure for a particular period. The statement represents the liquidity of the company.