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25. A summary of the entries in the Cash account of Staple Ltd for the month of January was as follows: $ Cash from accounts
25. A summary of the entries in the Cash account of Staple Ltd for the month of January was as follows:
$
Cash from accounts receivable
40 000
Cash sales
25 000
Dividends received
10 000
Cash from issue of shares
60 000
Payments to accounts payable
30 000
Payments for wages
15 000
Purchase of land
20 000
Payment of dividends
20 000
Purchase of plant
45 000
Payment of taxes
25 000
Payment of interest
10 000
What was the cash flow from investing activities of Staple Ltd?
a.
($5,000)
b.
($45,000)
c.
($65,000)
d.
$50,000
Clear my choice
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