Homework Answers
| Cash flows from investing activities | ||
| Proceeds from sale of Equipment (Note) | $ 51,500 | |
| Payment for purchase of new truck | $ (112,000) | |
| Proceeds from sale of Land | $ 405,000 | |
| Proceeds from sale of Long term investments in stock | $ 90,700 | |
| Net cash inflow from investing activities | $ 435,200 | |
|
Note: Sale proceeds on equpment = Book value - Loss= $81500-$30000=$51500 |
||
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a. Equipment with a book value of $81,500 and an original cost of $166,000 was sold at a loss of $30,000. b. Paid $...
Equipment with a book value of $81,500 and an original cost of $167,000 was sold at...
Equipment with a book value of $81,500 and an original cost of $167,000 was sold at a loss of $32,000. Paid $103,000 cash for a new truck. Sold land costing $320,000 for $415,000 cash, yielding a gain of $95,000. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $14,750. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from...
a. Equipment with a book value of $81,000 and an original cost of $167,000 was sold...
a. Equipment with a book value of $81,000 and an original cost of $167,000 was sold at a loss of $30,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $320,000 for $405,000 cash, yielding a gain of $85,000. d. Long-term investments in stock were sold for $94,200 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 with a minus sign.) Statement...
a. Equipment with a book value of $81,000 and an original cost of $169,000 was sold...
a. Equipment with a book value of $81,000 and an original cost of $169,000 was sold at a loss of $33,000. b. Paid $112,000 cash for a new truck. c. Sold land costing $320,000 for $400,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $95,600 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 be indicated with a minus...
Equipment with a book value of $82,500 and an original cost of $163,000 was sold at...
Equipment with a book value of $82,500 and an original cost of $163,000 was sold at a loss of $33,000. Paid $112,000 cash for a new truck. Sold land costing $325,000 for $415,000 cash, yielding a gain of $90,000. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $15,500. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
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...
a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $109,...
a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $325,000 for $425,000 cash, yielding a gain of $100,000. d. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $16,250. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...
o. Equipment with a book value of $83,500 and an original cost of $162.,000 was sold...
o. Equipment with a book value of $83,500 and an original cost of $162.,000 was sold at a loss of $35.000. b. Paid $109.000 cash for a new truck c. Sold land costing $320,000 for $405,000 cash. yielding a gain of $85,000 d. Long-term investments in stock were sold for $92.100 cash, yielding a gain of $17.000. Sxipped Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be Indicated with a...
a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold...
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. Long-term investments in stock were sold for $60,800 cash, yielding a gain of $4,150. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement...
a. Equipment with a book value of $78,000 and an original cost of $160,000 was sold...
a. Equipment with a book value of $78,000 and an original cost of $160,000 was sold at a loss of $35,00. b. Paid $103,000 cash for a new truck. c Sold land costing $320,000 for $425,000 cash, yielding a gain of $105,000. d. Long-term investments in stock were sold for $95,600 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 with a minus sign.) Statoment...
Equipment with a book value of $80,500 and an original cost of $163,000 was sold at...
Equipment with a book value of $80,500 and an original cost of $163,000 was sold at a loss of $34,000. Paid $106,000 cash for a new truck. Sold land costing $315,000 for $420,000 cash, yielding a gain of $105,000. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $16,250. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
a. Equipment with a book value of $81,000 and an original cost of $167,000 was sold at a loss of $30,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $320,000 for $405,000 cash, yielding a gain of $85,000. d. Long-term investments in stock were sold for $94,200 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 with a minus sign.) Statement...
a. Equipment with a book value of $81,000 and an original cost of $169,000 was sold at a loss of $33,000. b. Paid $112,000 cash for a new truck. c. Sold land costing $320,000 for $400,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $95,600 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 be indicated with a minus...
a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $325,000 for $425,000 cash, yielding a gain of $100,000. d. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $16,250. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...
o. Equipment with a book value of $83,500 and an original cost of $162.,000 was sold at a loss of $35.000. b. Paid $109.000 cash for a new truck c. Sold land costing $320,000 for $405,000 cash. yielding a gain of $85,000 d. Long-term investments in stock were sold for $92.100 cash, yielding a gain of $17.000. Sxipped Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be Indicated with a...
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. Long-term investments in stock were sold for $60,800 cash, yielding a gain of $4,150. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement...
a. Equipment with a book value of $78,000 and an original cost of $160,000 was sold at a loss of $35,00. b. Paid $103,000 cash for a new truck. c Sold land costing $320,000 for $425,000 cash, yielding a gain of $105,000. d. Long-term investments in stock were sold for $95,600 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 with a minus sign.) Statoment...
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