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1. Ontario Inc. had the following cash flow statement: Requireu Comment on the implications of this cash flow statement for the company. Last year Rational
1. Ontario Inc. had the following cash flow statement: Requireu Comment on the implications of this cash flow statement for the company. Last year Rational Co. bought a new building for $7,500,000, taking out a mortgage of $5,000,000 secured against the property. The company spent $2,000,000 on new equipment for the new property and also sold unwanted vehicles for $100,000. Required Calculate the cash from or cash used in investing activities
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