Cash flow under indirect method:
Cash flow from investing activities:
Cash from sale proceed: 298000
268000
Less:Purchased land 473000
Net cash flow from investing activities 93000
Land Transactions on the Statement of Cash Flows Alpha Corporation purchased land for $473,000. Later in...
Land Transactions on the Statement of Cash Flows Alpha Corporation purchased land for $474,000. Later in the year, the company sold a different piece of land with a book value of $204,000 for $186,000. How are the effects of these transactions reported on the statement of cash flows assuming the indirect method is used? Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect...
Land Transactions on the Statement of Cash Flows Veteran Corporation purchased land for $547,000. Later in the year, the company sold a different piece of land with a book value of $235,000 for $202,000. How are the effects of these transactions reported on the statement of cash flows assuming the indirect method is used? Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect...
Land Transactions on the Statement of Cash Flows Veteran Corporation purchased land for $375,000. Later in the year, the company sold a different piece of land with a book value of $229,000 for $256,000 How are the effects of these transactions reported on the statement of cash flows assuming the indirect method is used? Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect...
Land Transactions on the Statement of Cash Flows Cameron Corporation purchased land for $426,000. Later in the year, the company sold a different piece of land with a book value of $222,000 for $244,000. How are the effects of these transactions reported on the statement of cash flows assuming the indirect method is used? Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect...
Land Transactions on the Statement of Cash Flows Veteran Corporation purchased land for $152,000. Later in the year, the company sold a different piece of land with a book value of $67,000 for $76,000. How are the effects of these transactions reported on the statement of cash flows? Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, required. If a transaction has no effect on the statement of cash flows, select "No...
Land Transactions on the Statement of Cash Flows Veteran Corporation purchased land for $427,000. Later in the year, the company sold a different piece of land with a book value of $171,000 for $190,000. the effects of these ctions reported on the statement of cash flowss assuming the indirect method is used? Use the minus sign to indicate cash out flows, cash payments, decreases cash and for any adjustments, if required. If a transaction has no effect on the statement...
Land Transactions on the Statement of Cash Flows Veteran Corporation purchased land for $259,000. Later in the year, the company sold a different piece of land with a book value of $158,000 for $141,000. How are the effects of these transactions reported on the statement of cash flows assuming the indirect method is used? Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect...
Land Transactions on the Statement of Cash Flows Alpha Corporation purchased land for $308,000. Later in the year, the company sold a different piece of land with a book value of $179,000 for $204,000. How are the effects of these transactions reported on the statement of cash flows? Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect on the statement of cash flows, select...
Land Transactions on the Statement of Cash Flows Easterly Corporation purchased land for $198,000. Later in the year, the company sold a different piece of land with a book value of $119,000 for $133,000. How are the effects of these transactions reported on the statement of cash flows? Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect on the statement of cash flows, select...
Land Transactions on the Statement of Cash Flows Easterly Corporation purchased land for $185,000. Later in the year, the company sold a different piece of land with a book value of $94,000 for $84,000. How are the effects of these transactions reported on the statement of cash flows? Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect on the statement of cash flows, select...