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 |
Exercise 16-9, and QS 16-15 i Saved a. Equipment with a book value of $81,500 and...
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 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 $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 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 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 $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 $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 $109,000 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 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 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...