Selected information from Peridot Corporation's accounting records and financial statements for 2018 is as follows ($ in millions) : Cash paid to acquire machinery $ 32 Reacquired Peridot common stock 58 Proceeds from sale of land 92 Gain from the sale of land 54 Investment revenue received 68 Cash paid to acquire office equipment 85 In its statement of cash flows, Peridot should report net cash outflows from investing activities of:

Investing activities net cash outflows = (-32) + (-85)

= (-$115)

Peridot should report net cash flows from investing activities = (-32) + 92 + 68 + (-85)

= $ 43

This is a net cash inflow from operating activities.

Explanation:

Given information about Peridot Corporation's;

Cash paid to acquire machinery $ 32

Reacquired Peridot common stock $ 58

Proceeds from sale of land $ 92

Gain from the sale of land $ 54

Investment revenue received $ 68

Cash paid to acquire office equipment $ 85

From the data above, investing activities include Cash paid to acquire machinery (outflow), Proceeds from sale of land (inflow), Investment revenue received (inflow), Cash paid to acquire office equipment (outflow). Others are financing (Reacquired Peridot common stock) and operating activities (Gain from the sale of land)

Investing activities net cash outflows = - 32-85

= ($115)

Peridot should report net cash flows from investing activities = - 32 + 92 + 68 - 85

= $ 43