Question

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
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer:

Cash flow from investing activities:

Sale of equipment 81500 - 35000 46500
Purchase of new truck -118000
Sale of land   425000
Sale of Long-term investments 96300
Net cash provided by investing activities 449800
Add a comment
Know the answer?
Add Answer to:
Exercise 16-9, and QS 16-15 i Saved a. Equipment with a book value of $81,500 and...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Equipment with a book value of $81,500 and an original cost of $167,000 was sold at...

    Equipment with a book value of $81,500 and an original cost of $167,000 was sold at a loss of $32,000. Paid $103,000 cash for a new truck. Sold land costing $320,000 for $415,000 cash, yielding a gain of $95,000. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $14,750. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from...

  • Exercise 12-8 Cash flows from investing activities LO P3 Equipment with a book value of $81,500...

    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...

  • a. Equipment with a book value of $81,500 and an original cost of $166,000 was sold at a loss of $30,000. b. Paid $...

    a. Equipment with a book value of $81,500 and an original cost of $166,000 was sold at a loss of $30,000. b. Paid $112,000 cash for a new truck c. Sold and costing $330,000 for $405,000 cash, yielding a gain of $75,000. d. Long-term investments in stock were sold for $90,700 cash, yielding a gain of $17,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...

  • a. Equipment with a book value of $81,000 and an original cost of $167,000 was sold...

    a. Equipment with a book value of $81,000 and an original cost of $167,000 was sold at a loss of $30,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $320,000 for $405,000 cash, yielding a gain of $85,000. d. Long-term investments in stock were sold for $94,200 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 with a minus sign.) Statement...

  • a. Equipment with a book value of $78,000 and an original cost of $160,000 was sold...

    a. Equipment with a book value of $78,000 and an original cost of $160,000 was sold at a loss of $35,00. b. Paid $103,000 cash for a new truck. c Sold land costing $320,000 for $425,000 cash, yielding a gain of $105,000. d. Long-term investments in stock were sold for $95,600 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 with a minus sign.) Statoment...

  • Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of...

    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 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of...

    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...

  • a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $109,...

    a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $325,000 for $425,000 cash, yielding a gain of $100,000. d. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $16,250. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...

  • newconnectmheducation.com YouTube Ch 12 Homework amework Seved Exercise 12-8 Cash flows from investing activities LO P3...

    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...

  • a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold...

    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...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT