Question

QS 12-8 Computing cash flows from Investing LO P3 $ 3.800 Sale of short-term investments Cash collections from customers Purc
0 1
Add a comment Improve this question Transcribed image text
Answer #1

The amount for purchase of used equipment looks like it is $ 3,300. If it is different, please change the amount as it is not clearly visible.

Amount Cash flows from investing activities Particulars Investing activities: Purchase of used equipment (3,300) Net Cash use

Add a comment
Know the answer?
Add Answer to:
QS 12-8 Computing cash flows from Investing LO P3 $ 3.800 Sale of short-term investments Cash...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 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 16-8 Computing cash flows from investing LO P3

    QS 16-8 Computing cash flows from investing LO P3Sale of short-term investnents$2,200Cash colleotions from customers5,800Purchase of used equipment1,900Depreciation expense700Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

  • QS 16-10 Computing cash flows from financing LO P3 Additional short-term borrowings Purchase of short-term investments...

    QS 16-10 Computing cash flows from financing LO P3 Additional short-term borrowings Purchase of short-term investments Cash dividends paid Interest paid $ 77,000 19,300 61,800 30,900 DOR Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indi a minus sign.) Financing Activities $ < Prey 7 of 14 !!! Next >

  • Sale of short-term investments $ 4,700 Cash collections from customers 12,400 Purchase of used equipment 4,100...

    Sale of short-term investments $ 4,700 Cash collections from customers 12,400 Purchase of used equipment 4,100 Depreciation expense 1,500    Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

  • 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 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 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...

  • newconnectmheducation.com YouTube Ch 12 Homework amework Seved Exercise 12-8 Cash flows from investing activities LO P3...

    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...

  • 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.)

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT