Solution:
Statement of Cash Flows (Partial) | ||
Particulars | Details | Amount |
Cash Flow from Investing Activities: | ||
Proceed from sale of equipment | $51,300.00 | |
Purchase of truck | -$89,000.00 | |
Proceed from sale of land | $198,000.00 | |
Proceed from sale of stock investment | $60,800.00 | |
Net Cash Provided by Investing activities | $221,100.00 |
Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows...
Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows from investing activities. a. Equipment with a book value of $65,300 and an original cost of $133,000 was! sold at a loss of $14,000. b. Paid $89,000 cash for a new truck. c. Sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000. d. Stock investments were sold for $60,800 cash, yielding a gain of $4,150. . . .
prepare the Investing Section Use the Exercise 16-8 Cash flows from investing activities Use the following information to determine cash flows from investing activities. a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14. b. Paid $89,000 cash for a new truck. C. Sold land costing $154,000 for $198.000 cash, yielding a gain of $44.000. d. Stock investments were sold for $60.800 cash, yielding a gain of $4,150.
a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000. b. Paid $89,000 cash for a new truck. c. Sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000. d. Long-term investments in stock were sold for $60,800 cash, yielding a gain of $4,150. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement...
Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $81,500 and an original cost of $164,000 was sold at a loss of $32,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts...
Equipment with a book value of $81,000 and an original cost of $166,000 was sold at a loss of $36,000.Paid $118,000 cash for a new truck.Sold land costing $315,000 for $400,000 cash, yielding a gain of $85,000.Long-term investments in stock were sold for $97,000 cash, yielding a gain of $14,000.Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $80,000 and an original cost of $162,000 was sold at a loss of $31,000. Paid $106,000 cash for a new truck. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should...
Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $82,500 and an original cost of $167,000 was sold at a loss of $33,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $310,000 for $430,000 cash, yielding a gain of $120,000. d. Long-term investments in stock were sold for $91,400 cash, yielding again of $15,500 Use the above information to determine cash flows from investing activities. (Amounts to be deducted...
Exercise 12-8 Cash flows from investing activities LO P3 Equipment with a book value of $81,500 and an original cost of $167,000 was sold at a loss of $34,000. Paid $106,000 cash for a new truck. Sold land costing $330,000 for $415,000 cash, yielding a gain of $85,000. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $14,750. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated...
newconnectmheducation.com YouTube Ch 12 Homework amework Seved Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $79,500 and an original cost of $161,000 was sold at a loss of $36,000 b. Paid $106,000 cash for a new truck. c. Sold land costing $320.000 for $405.000 cash, yielding again of $85.000 d. Long-term investments in stock were sold for $96,300 cash, yielding again of $15.500. Use the above information to determine cash flows from...
Exercise 16-9, and QS 16-15 i Saved a. Equipment with a book value of $81,500 and an original cost of $167,000 was sold at a loss of $35,000. b. Paid $118.000 cash for a new truck. c. Sold land costing $330,000 for $425,000 cash, yielding again of $95,000. d. Long-term investments in stock were sold for $96,300 cash, yielding a gain of $14,750. Use the above information to determine cash flows from investing activities. (Amounts to be deducted shoul minus...