Business, 10.06.2020 21:57 ronaa

Flow Company has provided the following information for the year ended December 31, 2019: • Cash paid for interest, $20,000
• Cash paid for dividends, $6,000
• Cash dividends received, $4,000
• Cash proceeds from bank loan, $29,000
• Cash purchase of treasury stock, $11,000
• Cash paid for equipment purchase, $27,000
• Cash received from issuance of common stock, $37,000
• Cash received from sale of land with a $32,000 book value, $25,000
• Acquisition of land costing $51,000 in exchange for preferred stock issuance
• Payment of a $100,000 note payable
Required:
How much was Flow's net cash flow from investing activities:
A) A net outflow of $2,000.
B) A net inflow of $2,000.
C) A net outflow of $53,000.
D) A net inflow of $49,000.

Answers: 3

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Flow Company has provided the following information for the year ended December 31, 2019: • Cash pa...

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