Ma3. Please give only typed answer. Accounts receivable increased by 2,000 Inventory decreased by 16,000 Supplies increased by 27,000 Accounts payable increased by 33,000 Unearned revenue decreased by 48,000 The company purchased land using cash for 112,000 The company sold equipment and received cash of 101,000 The company sold stock receiving cash of 77,000 The company paid cash dividends of 66,000 The company had net income of 100,000 What is cash flow from investing activities? Your Answer:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Topic Video
Question

Ma3.

Please give only typed answer.

Accounts receivable increased by 2,000 Inventory decreased by 16,000 Supplies increased by 27,000 Accounts payable increased by 33,000 Unearned revenue decreased by 48,000 The company purchased land using cash for 112,000 The company sold equipment and received cash of 101,000 The company sold stock receiving cash of 77,000 The company paid cash dividends of 66,000 The company had net income of 100,000 What is cash flow from investing activities? Your Answer:

Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Accounting Equation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education