Team Shirts, Inc. had net cash from operating activities of $125,000. It paid $105,000 to buy a new computer system by signing a $85,000 note and paying the balance. Net cash from (or used for) investing activities for the period was _. No AI ANSWER

Team Shirts, Inc. had net cash from operating activities of $125,000. It paid $105,000 to buy a new computer system by signing a $85,000 note and paying the balance. Net cash from (or used for) investing activities for the period was _. No AI ANSWER

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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Please figure this out in accounting.
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