Business, 24.05.2021 14:00 bobgardner765

Kampy Krusty Corp.'s transactions for the year ended December 31, 20XX included the following: * Kampy Krusty Corp. borrowed $110,000 they signed a 9%note
* Kampy Krusty Corp purchased real estate for $110,000
Sold investment securities for $100,000
Paid dividends of $120,000
* Issued 500 shares of common stock for $50,000
* Purchased machinery and equipment for $25,000 cash
* Paid $90,000 toward a bank loan
* Reduced accounts receivable by $20,000
*Increased accounts payable by $40,000

Kampy Krusty's net cash used in investing activities for 20XX was:

a. $135,000
b. $75,000
c. $35,000
d. $10,000

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Kampy Krusty Corp.'s transactions for the year ended December 31, 20XX included the following: * Ka...

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