Business, 22.05.2020 05:01 mprjug6

Two years ago, your company bought $45,000 in bonds from another company.

This month, it sold half of those bonds for $21,540 and purchased the common stock of another company for $1,450.

On the statement of cash flows for this accounting period, your company would report a net cash:

a) inflow of $21,540 from investing activities.

b) inflow of $20,090 from investing activities.

c) outflow of $20,090 from investing activities.

d) outflow of $21,540 from investing activities.

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Two years ago, your company bought $45,000 in bonds from another company.

This month, it...

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