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Calculate ONLY Net Cash flows from Investing activities of Z-Max Corp. need this urgently Z-Max Corporation Comparative Balance Sheets For the Year Ended December 31,
Calculate ONLY Net Cash flows from Investing activities of Z-Max Corp.
need this urgently
Z-Max Corporation Comparative Balance Sheets For the Year Ended December 31, 2021 2021 2020 Assets Current Assets: Cash $4,300 Account Receivable $22,000 Inventory $14,500 Prepaid Expenses $11,300 Total Current Assets $52,100 Investments (Long-term securities) $94,000 Gross plant and equipment $3,50,000 Less: Accumulated Depreciation ($30,000) Net Plant and equipment $3,20,000 Total Assets $466,100 $5,500 $29,000 $27,500 $9,200 $71,200 $80,000 $3,80,000 ($100,500) $279,500 $430,700Step by Step Solution
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