Two years ago, your company bought $40,000 in bonds from another company. This month, it...
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Accounting
Two years ago, your company bought $40,000 in bonds from another company. This month, it sold half of those bonds for $20,640 and purchased the common stock of another company for $1,000. On the statement of cash flows for this accounting period, your company would report a net cash:
inflow of $19,640 from investing activities.
outflow of $20,640 from investing activities.
outflow of $19,640 from investing activities.
inflow of $20,640 from investing activities.
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