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24 January, 23:49

For the year ended December 31, Ion Corp. had cash inflows of $25,000 from the purchases, sales, andmaturities of held-to-maturity securities and $40,000 from the purchases, sales, and maturities of availablefor-sale securities. What amount of net cash from investing activities should Ion report in its cash flowstatement? a. $0b. $25,000c. $40,000d. $65,000

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  1. 25 January, 01:49
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    amount of net cash from investing activities is $65000

    Explanation:

    given data

    cash 1 = $25,000

    cash 2 = $40,000

    to find out

    amount of net cash from investing activities

    solution

    we know that

    to find out amount of net cash is cash flow from available for sale and held-to-maturity investments,

    both of these are the investing activity

    so that net amount cash from investing activity is equal = cash 1 + cash 2

    net amount cash = 25000 + 40000

    net amount cash = $65000

    hence amount of net cash from investing activities is $65000
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