Compute cash flows from investing activities using the following company information. Sale of short-term investments . .

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Compute cash flows from investing activities using the following company information.
Sale of short-term investments . . . . . . . . . $12,000
Cash collections from customers . . . . . . . . 32,000
Purchase of used equipment . . . . . . . . . . . . 10,000
Depreciation expense . . . . . . . . . . . . . . . . . . 4,000

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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