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es The following summary transactions occurred during the year for Petunia. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $393,000 12,500 61,000 35,300 113,000 173,000 11,500. 98,000 103,000 31,500 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

es The following summary transactions occurred during the year for Petunia. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $393,000 12,500 61,000 35,300 113,000 173,000 11,500. 98,000 103,000 31,500 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

FINANCIAL ACCOUNTING
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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Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a min PETUNIA COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from investing activities: Purchase of equipment Collection of notes receivable Purchase of inventory Net cash flows from investing activities $ 0
Transcribed Image Text:Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a min PETUNIA COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from investing activities: Purchase of equipment Collection of notes receivable Purchase of inventory Net cash flows from investing activities $ 0
es The following summary transactions occurred during the year for Petunia. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $393,000 12,500 61,000 35,300 113,000 173,000 11,500. 98,000 103,000 31,500 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
Transcribed Image Text:es The following summary transactions occurred during the year for Petunia. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $393,000 12,500 61,000 35,300 113,000 173,000 11,500. 98,000 103,000 31,500 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
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