Question: The following data are available for Mazaya Company. Decrease in land R.O. 120,000; Increase in bonds payable R.O.300,000; Sale of investments R.O. 150,000; Issuance of
The following data are available for Mazaya Company. Decrease in land R.O. 120,000; Increase in bonds payable R.O.300,000; Sale of investments R.O. 150,000; Issuance of ordinary shares R.O. 180,000; Payment of cash dividends R.O. 90,000. Net cash provided by investing activities is: Select one: a. R.0.510,000 b. R.0.390,000 OcR0.480,000 d. R0.270,000
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