Question

Ivanhoe Corporation engaged in the following cash transactions during 2020. Sale of land and building $192,500...

Ivanhoe Corporation engaged in the following cash transactions during 2020.

Sale of land and building

$192,500

Purchase of treasury stock

40,900

Purchase of land

42,400

Payment of cash dividend

94,600

Purchase of equipment

57,300

Issuance of common stock

147,100

Retirement of bonds

109,400


Compute the net cash provided (used) by investing activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

VANHOE CORPORATION
Statement of Cash Flows (Partial)

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Answer #1

Cash Flow from Investing Activities:- It is that section of Cash Flow Statement that shows how much cash Company used or generated in purchasing or selling of Long-term Assets in a specific period. In the other hand it shows how much cash Company used or generated by investment.

IVANHOE CORPORATION

Statement of Cash Flows (Partial)

For the Year Ended 2020

Description Amount
Cash Flow from Investing Activities:-
Sale of Land and Building $192,500
Purchase of Land (42,400)
Purchase of Equipment (57,300)
Net Cash provided by Investing Activities $92,800
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