The following summary transactions occurred during the year for Marigold. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $394,000 13,000 61,500 35,500 114,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from investing activities: 174,000 12,000 99,000 104,000 32,000 1,000 MARIGOLD COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Net cash flows from investing activities

The following summary transactions occurred during the year for Marigold. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $394,000 13,000 61,500 35,500 114,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from investing activities: 174,000 12,000 99,000 104,000 32,000 1,000 MARIGOLD COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Net cash flows from investing activities

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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