Nashae4771
03.07.2020 •
Business
Sale of short-term stock investments $ 8,500
Cash collections from customers 21,300
Purchase of used equipment 6,600 Depreciation expense 2,700
Required:
Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)
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Ответ:
Cash flows from investing activities is $1,900
Explanation:
Cash flow from Investing Activities involves movements in the purchase and / or sell of capital expenditures.
Prepare the Cash flow from Investing Activities Section as follows :
Cash flow from Investing Activities
Proceeds from Sale of short-term stock investments $ 8,500
Purchase of Equipment -$6,600
Net Cash flow from Investing Activities $1,900
Conclusion :
Cash flows from investing activities is $1,900
Ответ:
A large business separate/ distinct from its owners.
Explanation:
Hope that helped :)