Business, 18.09.2021 23:20 tayshawngooch
Here is selected financial statement data regarding a company's balance sheet.
Dec. 31, 2018 Dec. 31, 2017
Assets
Investments, long-term $ 14,000,000 $ 10,000,000
Liabilities and Stockholders' Equity
Bonds payable \ $ 10,000,000 $ 4,000,000
...
Common stock 800,000 800,000
Paid-in capital in excess of par value120,000 120,000
Retained earnings 1,800,000 1,470,000
Total stockholders' equity 2,720,000 2,390,000
During the year, the company sold investments with an original cost of $2,000,000 for $2,400,000.
In the statement of cash flows, the significant non-cash activities section should show a significant non-cash activity for $
Answers: 2
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Here is selected financial statement data regarding a company's balance sheet.
Dec. 31, 2018 Dec....
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