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25 July, 20:37

Sale of short-term stock investments $ 8,500

Cash collections from customers 21,300

Purchase of used equipment 6,600 Depreciation expense 2,700

Required:

Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

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Answers (1)
  1. 25 July, 21:55
    0
    Cash flows from investing activities is $1,900

    Explanation:

    Cash flow from Investing Activities involves movements in the purchase and / or sell of capital expenditures.

    Prepare the Cash flow from Investing Activities Section as follows:

    Cash flow from Investing Activities

    Proceeds from Sale of short-term stock investments $ 8,500

    Purchase of Equipment - $6,600

    Net Cash flow from Investing Activities $1,900

    Conclusion:

    Cash flows from investing activities is $1,900
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