Selected information from Regan Ltd.'s 2020 accounting records is as follows: Proceeds from sale of land...............................$300,000 Proceeds from long-term borrowings...............400,000 Purchase of plant assets.................................280,000 Purchase of inventories...................................850,000 Proceeds from issuance of common shares.....300,000 Based on the above information, the cash provided by investing activities for calendar 2020 is?
Selected information from Regan Ltd.'s 2020 accounting records is as follows: Proceeds from sale of land...............................$300,000 Proceeds from long-term borrowings...............400,000 Purchase of plant assets.................................280,000 Purchase of inventories...................................850,000 Proceeds from issuance of common shares.....300,000 Based on the above information, the cash provided by investing activities for calendar 2020 is?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Selected information from Regan Ltd.'s 2020 accounting records is as follows:
Proceeds from sale of land...............................$300,000
Proceeds from long-term borrowings...............400,000
Purchase of plant assets.................................280,000
Purchase of inventories...................................850,000
Proceeds from issuance of common shares.....300,000
Based on the above information, the cash provided by investing activities for calendar 2020 is?
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