Problem: Atkins Corporation has provided the following information for the year ended December 31, 2010: These facts imply that: a. A $135,000 cash inflow is reported from the sale of short-term investments. b. A $200,000 cash outflow is reported for short-term investment purchases. c. A $150,000 cash outflow is reported for the sale of short-term investments. d. A $335,000 cash outflow is reported for short-term investment purchases.

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Problem Details

Atkins Corporation has provided the following information for the year ended December 31, 2010:

These facts imply that:

a. A $135,000 cash inflow is reported from the sale of short-term investments.

b. A $200,000 cash outflow is reported for short-term investment purchases.

c. A $150,000 cash outflow is reported for the sale of short-term investments.

d. A $335,000 cash outflow is reported for short-term investment purchases.

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