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20 July, 21:29

For the year, Wilson Manufacturing, Inc. increased its current assets by $62,000, decreased its current liabilities by $55,000, and decreased its fixed assets by $19,000. What is the investment cash flow for the year

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  1. 20 July, 22:31
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    investment cash flow is $19,000

    Explanation:

    given data

    current assets = $62,000

    current liabilities = $55,000

    fixed assets = $19,000

    to find out

    investment cash flow for the year

    solution

    as we know that cash flows increase or decrease as the result of change in the fixed assets is consider to be cash flows by investment activities

    and Changes in working capital cash flow is operating cash flows not investment cash flows

    so we can say that

    investment cash flow is $19,000
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Home » Business » For the year, Wilson Manufacturing, Inc. increased its current assets by $62,000, decreased its current liabilities by $55,000, and decreased its fixed assets by $19,000. What is the investment cash flow for the year
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