Reference no: EM132767196
Net sales $300,000
Accounts receivables 30,000
Sale of marketable securities 90,000
Paid to suppliers and employees 127,000
Purchase of investments 45,000
Purchase of marketable securities 100,000
Sale of plant assets 360,000
Paid dividends 20,000
Purchase of treasury stock 40,000
Interest and dividends received 50,000
Problem 1: Determine the amount of cash provided by or used for investing activities.
Option 1: $ 30,5000
Option 2: $ 300,000
Option 3: $ 350,000
Option 4: $ 355,000