The following data is for the Kris Company for 2018: Gain on sale of equipment $ 8,000 Purchase of First Corp. bonds (face value $250,000) 275,000 Proceeds from sale of machinery 300,000 Dividends paid 50,000 Proceeds from sale of treasury stock 200,000 The amount reported as net cash provided by investing activities is:

a. $ 50,000. b. $ 275,000. c. $ 300,000. d. $ 25,000.

Question

Business

Janiya Mcmillan

26 April, 16:02

The following data is for the Kris Company for 2018: Gain on sale of equipment $ 8,000 Purchase of First Corp. bonds (face value $250,000) 275,000 Proceeds from sale of machinery 300,000 Dividends paid 50,000 Proceeds from sale of treasury stock 200,000 The amount reported as net cash provided by investing activities is:

a. $ 50,000. b. $ 275,000. c. $ 300,000. d. $ 25,000.

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Answers (1)

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Kelsie Shields · Answer 1

d. $ 25,000.

Explanation:

All the cash flows related to the fixed asset is called cash flows from the investing activities. Cash inflows from the sale fixed asset and cash outflows from the purchase of fixed assets are included in it.

Purchase of Corp Bond ($275,000)

Proceeds from sale of Machinery $300,000

Cash flow from investing Activities $25,000

Other value are cash flows from financing activities and non cash transactions.