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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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