Sale of short-term stock investments $ 8,500

Cash collections from customers 21,300

Purchase of used equipment 6,600 Depreciation expense 2,700

Required:

Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

Question

Business

Johan Gaines

15 August, 13:46

Sale of short-term stock investments $ 8,500

Cash collections from customers 21,300

Purchase of used equipment 6,600 Depreciation expense 2,700

Required:

Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

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Answers (1)

Know the Answer?

Kiki · Answer 1

Cash flows from investing activities is $1,900

Explanation:

Cash flow from Investing Activities involves movements in the purchase and / or sell of capital expenditures.

Prepare the Cash flow from Investing Activities Section as follows:

Cash flow from Investing Activities

Proceeds from Sale of short-term stock investments $ 8,500

Purchase of Equipment - $6,600

Net Cash flow from Investing Activities $1,900

Conclusion:

Cash flows from investing activities is $1,900

Sale of short-term stock investments $ 8,500Cash collections from customers 21,300Purchase of used equipment 6,600 Depreciation expense 2,700Required:Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)