Moses & Apple, Inc. has the following cash flow information: Payment of Operating Expenses $48,000 Payment of Dividends 2,000 Repayment of Long Term Note Payable 5,000 Payment of Maintenance Expense 15,000 Purchase of Delivery Vehicle 25,000 ??? of Delivery Vehicle 10,000 ??? of Preferred Stock 60,000 ????? of Interest Income 10,000 Cash Sales 100,000 What is the net cash flow from Investing Activities (parenthesis indicates negative number)?
Moses & Apple, Inc. has the following cash flow information: Payment of Operating Expenses $48,000 Payment of Dividends 2,000 Repayment of Long Term Note Payable 5,000 Payment of Maintenance Expense 15,000 Purchase of Delivery Vehicle 25,000 ??? of Delivery Vehicle 10,000 ??? of Preferred Stock 60,000 ????? of Interest Income 10,000 Cash Sales 100,000 What is the net cash flow from Investing Activities (parenthesis indicates negative number)?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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