Homework Answers
Solution:
| Statement of cash flows (partial) | |
| Cash Flow from Investing Activities: | |
| Proceeds from sale of equipment ($79500 - $36000) | $43,500 |
| Acquisition of New Truck for cash | -$1,06,000 |
| Proceeds from sale of Land | $4,05,000 |
| Proceeds from sale of Long term investment | $96,300 |
| Net Cash Inflows (outflows) from investing activities | $4,38,800 |
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newconnectmheducation.com YouTube Ch 12 Homework amework Seved Exercise 12-8 Cash flows from investing activities LO P3...
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 12-8 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...
Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $80,000...
Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $80,000 and an original cost of $162,000 was sold at a loss of $31,000. Paid $106,000 cash for a new truck. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should...
Exercise 12-8 Cash flows from investing activities LO P3
Equipment with a book value of $81,000 and an original cost of $166,000 was sold at a loss of $36,000.Paid $118,000 cash for a new truck.Sold land costing $315,000 for $400,000 cash, yielding a gain of $85,000.Long-term investments in stock were sold for $97,000 cash, yielding a gain of $14,000.Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
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...
Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows...
Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows from investing activities. 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. Stock investments were sold for $60,800 cash, yielding a gain of $4,150. . . .
Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows...
Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows from investing activities. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000 a 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. Stock investments were sold for $60,800 cash, yielding a gain of $4,150. Coch flowe fe Exereica 16 0
prepare the Investing Section Use the Exercise 16-8 Cash flows from investing activities Use the following...
prepare the Investing Section
Use the Exercise 16-8 Cash flows from investing activities Use the following information to determine cash flows from investing activities. a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14. 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. Stock investments were sold for $60.800 cash, yielding a gain of $4,150.
QS 16-12 Computing cash flows from investing LO P3
QS 16-12 Computing cash flows from investing LO P3 Sale of short-term stock investments$6,000Cash collections from customers16,000Purchase of used equipment5,000Depreciation expense2,000Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)
QS 12-8 Computing cash flows from Investing LO P3 $ 3.800 Sale of short-term investments Cash...
QS 12-8 Computing cash flows from Investing LO P3 $ 3.800 Sale of short-term investments Cash collections from customers Purchase of used equins Depreciation expense Compute cash flows from investing activites using the above company Information (Amounts to be deducted should be indicated by a minus sign) o 1o 19 fo Investing Activities
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...
Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows from investing activities. 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. Stock investments were sold for $60,800 cash, yielding a gain of $4,150. . . .
Exercise 16-8 Cash flows from investing activities P3 Use the following information to determine cash flows from investing activities. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000 a 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. Stock investments were sold for $60,800 cash, yielding a gain of $4,150. Coch flowe fe Exereica 16 0
prepare the Investing Section
Use the Exercise 16-8 Cash flows from investing activities Use the following information to determine cash flows from investing activities. a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14. 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. Stock investments were sold for $60.800 cash, yielding a gain of $4,150.
QS 12-8 Computing cash flows from Investing LO P3 $ 3.800 Sale of short-term investments Cash collections from customers Purchase of used equins Depreciation expense Compute cash flows from investing activites using the above company Information (Amounts to be deducted should be indicated by a minus sign) o 1o 19 fo Investing Activities
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