Question
Assume a company had the following transactions: Purchased $14,000 of equipment with cash Sold machinery for $5,000 cash Issued common stock for $20,000 cash What
Assume a company had the following transactions:
Purchased $14,000 of equipment with cash
Sold machinery for $5,000 cash
Issued common stock for $20,000 cash
What is the net cash flow from their investing activities?
$1,000
$9,000
$11,000
($9,000)
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
4th Edition
0324069731, 978-0324069730
