FINANCIAL & MANAGERIAL ACCOUNTING
FINANCIAL & MANAGERIAL ACCOUNTING
7th Edition
ISBN: 9781260368192
Author: Wild
Publisher: MCG CUSTOM
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Chapter 12, Problem 8QS
To determine

Cash Flow Statement:

Cash flow statement is that statement in which transactions related to cash inflow and outflow are recorded. It is mandatory report and included in the financial statements of the company. It is divided into three parts operating activities, investing activity, and financial activity.

Investing Activity:

Investing activity is the third part of the cash flow statement which gives the information related to the acquisition and disposal of the long term assets of the company such as land and building, investment and plant and machinery.

To compute: Cash flow from investing activity.

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FINANCIAL & MANAGERIAL ACCOUNTING

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