Fundamental Managerial Accounting Concepts
Fundamental Managerial Accounting Concepts
8th Edition
ISBN: 9781259569197
Author: Thomas P Edmonds, Christopher Edmonds, Bor-Yi Tsay, Philip R Olds
Publisher: McGraw-Hill Education
Question
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Chapter 14, Problem 8ESA

a)

To determine

Calculate the cash outflow for the purchase of land for the year 2016.

b)

To determine

Prepare the investing activities section of cash flow statement for the year 2016

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