Ask Question
27 February, 08:27

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.)

+3
Answers (1)
  1. 27 February, 08:33
    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
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Sale of short-term stock investments $ 8,500 Cash collections from customers 21,300 Purchase of used equipment 6,600 Depreciation expense ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers