Homework Answers
Answer -
| Particulars | Explanation | Amount ($) | |
| I. | Ending balance of property, plant and equipment. | Given in question | 482 |
| II. | Purchase of property, plant and equipment. | Given in question | 10 |
| III. | Beginning balance of property, plant and equipment. | Given in question | 450 |
| IV. | Additions to property, plant and equipment. | I + II - III | 42 |
| V. | Proceeds from sale of equipment | Given in question | 17 |
| The net cash provided by (used by) investing activities for the year | V - IV | (25) | |
Hence, Option - (C) is Correct.
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TB MC Qu. 13-61 Autry Corporation's balance sheet... Autry Corporation's balance sheet and income statement appear...
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