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Alliance Inc, in 2020, purchased machinery for $800000. In addition, It received dividends of $30000 on investment in shares. The company also sold an old
Alliance Inc, in 2020, purchased machinery for $800000. In addition, It received dividends of $30000 on investment in shares. The company also sold an old machine with a book value of $66000 at a loss of $20,000. The company obtained a loan of $110000, Compute the following:
Inflows from investing activities
Answer for part 1 Outflows from investing activities
Answer for part 2 Net cash flow from investing activities
Answer for part 3
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