Using the indirect method to prepare the statement of cash flows, ABC Company sold equipment for $11,700 cash, sold land for $5,100 cash, and purchased another piece of equipment for $27,000. The net cash flows provided by /used for investing activities is A. $10,200 OB. $(10,200) OC. $15,300 D. $(15,300)

Using the indirect method to prepare the statement of cash flows, ABC Company sold equipment for $11,700 cash, sold land for $5,100 cash, and purchased another piece of equipment for $27,000. The net cash flows provided by /used for investing activities is A. $10,200 OB. $(10,200) OC. $15,300 D. $(15,300)

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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