Oriole Corporation had the following activities in 2020.1.2.3.Sale of land $163,000Purchase of inventory $878,000Purchase of treasury stock $69,000Net cash usedPurchase of equipment $433,0005. Issuance of common stock $340,0006. Purchase of available-for-sale debt securities $60,000Compute the amount Oriole should report as net cash provided (used) by investing activities in its 2020 statement of cash flows.(Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).)by investing activities4.$LA

The cash flow statement is one of the financial statement that is prepared to record the cash flow…

1. 2. 3. le Corporation had the following activities in 2020. Sale of land $163,000 Purchase of inventory $878,000 Purchase of treasury stock $69,000 Purchase of equipment $433,000 5. Issuance of common stock $340,000 6. Purchase of available-for-sale debt securities $60,000 4. Compute the amount Oriole should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).)

1. 2. 3. le Corporation had the following activities in 2020. Sale of land $163,000 Purchase of inventory $878,000 Purchase of treasury stock $69,000 Purchase of equipment $433,000 5. Issuance of common stock $340,000 6. Purchase of available-for-sale debt securities $60,000 4. Compute the amount Oriole should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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