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Background information: Anne Schippel, business banker, is analyzing Dry Supplys financial statements and has complied a statement of cash flows for 20xz. The investing activities

Background information:

Anne Schippel, business banker, is analyzing Dry Supplys financial statements and has complied a statement of cash flows for 20xz. The investing activities section is shown below.

DRY SUPPLY STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 12/31/20XZ ($ IN 000S)

CASH FLOW FROM INVESTING ACTIVITES

Cash flow from investing activities

Proceeds from sale of equipment $0

Payment received on note for sale of plant 0

Cash value life insurance decreases (increases) (2)

Capital expenditures (17)

Net cash provided by investing activities ($19)

What are some questions Anne Schippel should ask Dry Supply to better understand the investing cash flows of the business?

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