Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows...

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Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows from investing ac

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Answer 1

Answer #1

Answer- Net cash flow from investing activities = $221100.

Explanation-

Particulars		Amount
		$
Cash Flow from Investing activities

Equipment sold	($65300-$14000)	51300
New truck purchased		-89000
Land sold		198000
Stock investments sold		60800

Net cash Flow from Investing activities		221100

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Answer 2

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