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On January 1, 2020, Rose company sold 30% of its BD 500,000 investment      in Sony for BD 120,000 cash. On June 1 2020, Rose issued additional      10,000 shares of BD 5 par value (Fair value BD 10) and paid cash of BD      30,000 in exchange of a machine.       Rose company uses the direct method net cash flows from investing activities is:     A. BD 150,000     B. BD 90,000     C.      Any other amount                 D. BD 200,000

On January 1, 2020, Rose company sold 30% of its BD 500,000 investment      in Sony for BD 120,000 cash. On June 1 2020, Rose issued additional      10,000 shares of BD 5 par value (Fair value BD 10) and paid cash of BD      30,000 in exchange of a machine.       Rose company uses the direct method net cash flows from investing activities is:     A. BD 150,000     B. BD 90,000     C.      Any other amount                 D. BD 200,000

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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On January 1, 2020, Rose company sold 30% of its BD 500,000 investment

     in Sony for BD 120,000 cash. On June 1 2020, Rose issued additional

     10,000 shares of BD 5 par value (Fair value BD 10) and paid cash of BD

     30,000 in exchange of a machine.

      Rose company uses the direct method net cash flows from investing activities is:

 

  A.

BD 150,000

 
  B.

BD 90,000

 
  C.

     Any other amount              
  D.

BD 200,000
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