S11-9. (Learning Objective 4: Computing investing cash flows) Motorsports of Madrid, Inc., reported the following financial statements

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S11-9. (Learning Objective 4: Computing investing cash flows) Motorsports of Madrid, Inc., reported the following financial statements for 20X6:

Compute the following investing cash flows (enter all amounts in thousands):

a. Acquisitions of PPE (all were for cash). Motorsports of Madrid sold no PPE.

b. Proceeds from the sale of investments. Motorsports of Madrid purchased no investments.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 28, 2024 03:00 AM

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S11-9. (Learning Objective 4: Computing investing cash flows) Motorsports of Madrid, Inc., reported the following financial statements

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Financial Accounting International Financial Reporting Standards Global Edition

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