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28 March, 14:38

Consider the following list of transactions: Repay borrowing from the bank, $2,000. Pay employees' salaries of $1,500. Purchase equipment for cash, $10,000. Provide services to customers for cash, $4,500. Issue shares of common stock for cash, $5,000. Pay utilities, $1,000. Provide services to customers on account, $2,500. Sell old delivery truck for cash, $4,000. What amount would the company report for investing cash flows in the statement of cash flows? a. $3500b. $6000c. $4500d. $3200

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  1. 28 March, 18:21
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    -$6000

    Explanation:

    Investing activities: it records operations that include buying and selling long-term properties. The acquisition is a cash outflow whereas the disposal is a cash inflow

    The computation of the amount reported is shown below:

    Cash flow from Investing activities

    Purchase equipment for cash, - $10,000

    Sell old delivery truck for cash, $4,000

    Net Cash flow from Investing activities - $6,000
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Home » Business » Consider the following list of transactions: Repay borrowing from the bank, $2,000. Pay employees' salaries of $1,500. Purchase equipment for cash, $10,000. Provide services to customers for cash, $4,500.
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