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A company reported the following at the end of year 1 and year 2. year 1: Account receivable:10,000; Accounts payable: 22,000 inventory:124,000 Long-term debts:70,000 land:310,000
A company reported the following at the end of year 1 and year 2. year 1: Account receivable:10,000; Accounts payable: 22,000 inventory:124,000 Long-term debts:70,000 land:310,000 Year 2: Account receivable:14,000 Accounts payable: 18,000 inventory120,000 Long-term debts:90,000 land:650,000 what is the company cash flow from investing? 1. Decrease of $4,000 2. Decrease of $340,000 3. Increase of $340,000 4. Increase of $650,000
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