An analysis of Karman Corporation's levestment in Marketable Securities account during Year 2 disclosed the following Dehit entries $ 156,000 Credit entries 232,000 Karman's Year 2 income statement included a $38,000 gain on sale of marketable securities and $26.000 dividend income from marketable securities. All payments and proceeds reading to im securities transactions were in cash. Based solely on the above infor Mute Cholce Karman's net cash flow from investing activities for Year 2 is: O$4.000 cash provided by investing actue $7,000 net cash provided by investing acties $6,000 vesting activis used by investing activites

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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An analysis of Karman Corporation's Investment in Marketable Securities account during Year 2 disclosed the following:
Debit entries
$ 156,000
232,000
Credit entries
Karman's Year 2 Income statement included a $38,000 gain on sale of marketable securities and $26.000 dividend income from marketable securities. All payments and proceeds relating to marketable
securities transactions were in cash.
Based solely on the above infor
on, Karman's net cash flow from investing activities for Year 2 is:
Multiple Choice
O
$14.000 net cash provided by investing activities
$76,000 net cash provided by investing activities
$270.000 net cash provided by investigative
$6,000 net cash used by investing activities
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Transcribed Image Text:An analysis of Karman Corporation's Investment in Marketable Securities account during Year 2 disclosed the following: Debit entries $ 156,000 232,000 Credit entries Karman's Year 2 Income statement included a $38,000 gain on sale of marketable securities and $26.000 dividend income from marketable securities. All payments and proceeds relating to marketable securities transactions were in cash. Based solely on the above infor on, Karman's net cash flow from investing activities for Year 2 is: Multiple Choice O $14.000 net cash provided by investing activities $76,000 net cash provided by investing activities $270.000 net cash provided by investigative $6,000 net cash used by investing activities Prey 30 MacBook Air Help Save & Ea Nest
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