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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- 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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