Box, a nongovernmental not-for-profit organization, had the following transactions during the year:

Proceeds from sale of investments                             $80,000
Purchase of property, plant and equipment             $10,000
Proceeds from long-term debt                                  $100,000
Loss on sale of investment                                             $5,000

What amount should be reported as net cash provided by financing activities in Box’s statement of cash flows?

  1. $70,000
  2. $75,000
  3. $80,000
  4. $100,000

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