Chapter 17, Problem 2PSB

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A restaurant purchased new kitchen equipment for $35,000. Old kitchen equipment was sold for $800. A long-term investment was sold for $40,000. Equity stock was bought back (repurchased) for $12,000, and a cash dividend was paid in the amount of $40,000. The company increased its long-term debt by $70,000. Determine the net cash flow from investing activities. Provide answer

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General accounting

What is the amount of total assets on these financial accounting question?

financial accounting

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