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
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.O.390,000. O b. R.O.270,000. C.R.O.510,000. 0 d. R.0.480,000
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