Based on the following information, compute cash flows from investing activities under GAAP. Cash collections from customers

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Based on the following information, compute cash flows from investing activities under GAAP.
Cash collections from customers .... $800
Purchase of used equipment ...... 200
Depreciation expense .......... 200
Sale of investments ........... 450
Dividends received ............ 100
Interest received ............. 200

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Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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