Business, 29.07.2020 23:01 Leggett8152
A. Equipment with a book value of $79500 and an original cost of $169000 was sold at a loss of $33000.
b. Paid $106000 cash for a new truck.
c. Sold land costing $310000 for $420000 cash yielding a gainof $11000.
d. Long term investments in stock were sold for $95600 cash yielding a gain of $17000.
Required:
Use the above information to determine this company's cash flows from investing activities.
Answers: 1
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A. Equipment with a book value of $79500 and an original cost of $169000 was sold at a loss of $3300...
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