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Range Co. provided the following information on selected transactions: Purchase of building from XYZ Company; obtained mortgage from BRB Bank $200 Proceeds from issuing bonds $500 Purchases of EAB Company Stock $300 Purchase of Investment in Bonds $675 Dividends paid to preferred stockholders $250 Proceeds from issuing preferred stock $225 Proceeds from sale of equipment $150 The net cash provided (used) by investing activities is:

Respuesta :

Tundexi

Answer:

Net cash provided (used) by investing activities is ($1,025)

Explanation:

Cash Flow

Proceeds from sale of equipment                             $150

Less: Purchases of EAB Company Stock   $300

Purchase of Investment in Bonds               $675

Purchase of building from XYZ Company  $200    $1,175

Net Cash used by investing activities                    -$1,025

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