Investing activitie will increse with a decrease in$.$

A$)$ long term payable.

B$)$ current lisbilities.

C$)$ non$-$current assets.

D$)$ capital expenditures.

Cline Company issued ordinary shares for proceeds of $$492,000$ during $2020.$ The eampany paid dividends of $$66,000$ and issued a non$-$current note payable for $$90,000$ in eveliange bor equipment during the year. The company also purchased treasury share that had a cast of $$14,000.$ The finsincing section of the statement of cash flows will report net cash inflows of

A$)$ $$412,000.$

B$)$ $$524,000.$

C$)$ $$426,000.$

D$)$ $$478,000.$

In Gentry Company, land decreased $$360,000$ because of a cash sale for $$360,000,$ the equipment account increased $$00,000$ as a result of a cash purchase, and Bands Payable increased $$260,000$ from issuance for cash at face value. The net cash provided by imvesting activities is

A$)$ $$360,000.$

B$)$ $$540,000.$

C$)$ $$280,000.$

D$)$ $$260,000.$

Wilton Company reported net incame of $$80,000$ for the wear, During the vear, aceounts receivable decreased by $$7,000,$ scounts payable increased by $$3,000$ and depreciation expense of $$5,000$ was recorded. Net cash provided by opersting actwities for the year is

A$)$ $$70,000.$

B$)$ $$95,000$

C$)$ $$79,000.$

D$)$ $$75,000.$

In Rooney Campany, Treasury Shares increased $$30,000$ from a cash purchase, ans Retained Carnings increased $$120,000$ as a result of net income of $$196,000$ and cash dividends paid of $$66,000.$ Net cash used by financing activities is:

A$)$ $$30,000$

B$)$ $$66,000.$

C$)$ $$150,000.$

D$)$ $$95,000.$

$4$

In Shannen Company, there was an increase in the land account during the year of $$48,000.$ Analysis reveals that the change resulted from a cash sale of land at a cost of $$150,000,$ and a cash purchase of land for $$198,000.$ In the statement of cash flows, the change in the land accaunt shauld be reported in the imvestment section:

A$)$ as a net purchase of land, $$48,000.$

B$)$ only as a purchase of land $$198,000.$

C$)$ as a purchase of land $$198,000$ and a sale of land $$150,000.$

D$)$ only as a sale of land $$1$$$0,000.$

Which of the following would not be needed to determine net cash provided by operating activities?

A$)$ Depreciation expense

B$)$ Change in accounts receivable

C$)$ Payment of cash dividends

D$)$ Change in prepaid expenses