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Windsor Corporation had the following activities in 2020. 1. Sale of land $184,000 2. 3. Purchase of inventory $873,000 Purchase of treasury stock $64,000 4. Purchase of equipment $415,000 5. Issuance of common stock $288,000 6. Purchase of available-for-sale debt securities $55,000 Compute the amount Windsor should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash provided by investing activities $ LA 682000

Windsor Corporation had the following activities in 2020. 1. Sale of land $184,000 2. 3. Purchase of inventory $873,000 Purchase of treasury stock $64,000 4. Purchase of equipment $415,000 5. Issuance of common stock $288,000 6. Purchase of available-for-sale debt securities $55,000 Compute the amount Windsor should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash provided by investing activities $ LA 682000

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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Windsor Corporation had the following activities in 2020. 1. 2. 3. Sale of land $184,000 Purchase of inventory $873,000 Purchase of treasury stock $64,000 4. Purchase of equipment $415,000 Issuance of common stock $288,000 Purchase of available-for-sale debt securities $55,000 5. 6. Compute the amount Windsor should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash provided by investing activities $ 682000
Transcribed Image Text:Windsor Corporation had the following activities in 2020. 1. 2. 3. Sale of land $184,000 Purchase of inventory $873,000 Purchase of treasury stock $64,000 4. Purchase of equipment $415,000 Issuance of common stock $288,000 Purchase of available-for-sale debt securities $55,000 5. 6. Compute the amount Windsor should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash provided by investing activities $ 682000
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