Fables Corp. provided the following information for calendar 2020: Fables adheres to ASPE. Proceeds from issuing...

 

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Fables Corp. provided the following information for calendar 2020: Fables adheres to ASPE. Proceeds from issuing bonds. Purchase of inventories. . Purchase of long-term investment. Dividends paid to stockholders. Proceeds from issuing common stock Proceeds from sale of equipment. . $ 300,000 570,000 420,000 60,000 240,000 60,000 The cash provided by (used in) investing activities during 2020 is $ (360,000) $ 60,000 $ (660,000) $ (600,000) Fables Corp. provided the following information for calendar 2020: Fables adheres to ASPE. Proceeds from issuing bonds. Purchase of inventories. . Purchase of long-term investment. Dividends paid to stockholders. Proceeds from issuing common stock Proceeds from sale of equipment. . $ 300,000 570,000 420,000 60,000 240,000 60,000 The cash provided by (used in) investing activities during 2020 is $ (360,000) $ 60,000 $ (660,000) $ (600,000)

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ANSWER360000 WORKING Cash pr... View the full answer