Question: What's the answer to this question? During the year, Next Tec Corporation had the following cash flows: receipt from customers, $10,000; receipt from the bank
What's the answer to this question?
During the year, Next Tec Corporation had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-term borrowing, $6,000; payment to suppliers, $5,000; payment of dividends, $1,000; payment to workers, $2,000; and payment for machinery, $8,000. What amount would be reported for net cash inflows (outflows) from investing activities in the statement of cash flows? Multiple Choice $5,000. $6,000. $8,000). $2,000. SearchStep by Step Solution
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