Exercise 12-7 cash flows from investing activities lo p3
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 this company's cash flows from investing a
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Home » Business » Exercise 12-7 cash flows from investing activities lo p3 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.