The following information on selected cash transactions for 2024 has been provided by Riverbed Company:Proceeds from sale of landProceeds from long-term borrowingsPurchases of plant assets.Purchases of inventoriesProceeds from sale of Riverbed common stock$311000O $99000O $1285000O $311000O $3940006060002120001015000368000What was the cash provided (used) by investing activities for the year ended December 31, 2024, as a result of the above information?

Cash Provided (used )by investing activites relates to cash transctions (inflow and outflow) of…

Answered: ceeds from sale of land Oceeds from…

ceeds from sale of land Oceeds from long-term borrowings rchases of plant assets urchases of inventories roceeds from sale of Riverbed common stock 606000 212000 1015000 368000

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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