Business
Business, 16.12.2019 22:31, cadenm81

Two years ago, bethel, inc. bought $47,500 in bonds from another company. this month, it sold half of those bonds for $22,040 and purchased the common stock of another company for $1,700. on the statement of cash flows for this accounting period, bethel would report a net cash:
multiple choice
a. inflow of $22,040 from investing activities.
b. outflow of $20,340 from investing activities.
c. outflow of $22,040 from investing activities.
d. inflow of $20,340 from investing activities.

answer
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Two years ago, bethel, inc. bought $47,500 in bonds from another company. this month, it sold half o...

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