Flow Company has provided the following information for the year ended December 31, 2022: . Cash paid for interest, $15,500 Cash paid for dividends, $7,900 Cash dividends received, $5,900 . Cash proceeds from bank loan, $20,000 Cash purchase of treasury stock, $6,500 Cash paid for equipment purchase, $22,500 . Cash received from issuance of common stock, $32,500 . Cash received from sale of land with a $27,500 book value, $21,400 . Acquisition of land costing $46,500 in exchange for preferred stock issuance. Payment of $195,000 note payable by exchanging used machinery with a $72,500 book value and $195,000 fair value How much was Flow's net cash flow from investing activities? Multiple Choice О A net inflow of $38,100 A net outflow of $1,100. о A net outflow of $47,600 A net inflow of $1,100.
Flow Company has provided the following information for the year ended December 31, 2022: . Cash paid for interest, $15,500 Cash paid for dividends, $7,900 Cash dividends received, $5,900 . Cash proceeds from bank loan, $20,000 Cash purchase of treasury stock, $6,500 Cash paid for equipment purchase, $22,500 . Cash received from issuance of common stock, $32,500 . Cash received from sale of land with a $27,500 book value, $21,400 . Acquisition of land costing $46,500 in exchange for preferred stock issuance. Payment of $195,000 note payable by exchanging used machinery with a $72,500 book value and $195,000 fair value How much was Flow's net cash flow from investing activities? Multiple Choice О A net inflow of $38,100 A net outflow of $1,100. о A net outflow of $47,600 A net inflow of $1,100.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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Transcribed Image Text:Flow Company has provided the following information for the year ended December 31, 2022:
.
Cash paid for interest, $15,500
Cash paid for dividends, $7,900
Cash dividends received, $5,900
. Cash proceeds from bank loan, $20,000
Cash purchase of treasury stock, $6,500
Cash paid for equipment purchase, $22,500
.
Cash received from issuance of common stock, $32,500
.
Cash received from sale of land with a $27,500 book value, $21,400
.
Acquisition of land costing $46,500 in exchange for preferred stock issuance.
Payment of $195,000 note payable by exchanging used machinery with a $72,500 book value and $195,000 fair value
How much was Flow's net cash flow from investing activities?
Multiple Choice
О
A net inflow of $38,100
A net outflow of $1,100.
о
A net outflow of $47,600
A net inflow of $1,100.
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