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CASH AND INVESTMENT DECISIONS MGT 159 IN CLASS MATH PRACTICE SHEET # 01 5.Cash Flow from Investing Activities: Assume your specialty bakery makes gourmet cupcakes
CASH AND INVESTMENT DECISIONS MGT 159 IN CLASS MATH PRACTICE SHEET # 01 5.Cash Flow from Investing Activities: Assume your specialty bakery makes gourmet cupcakes and has been operating out of rented facilities in the past. You owned a piece of land that you had planned to someday use to build a sales storefront. This year your company decided to sell the land and instead buy a building, resulting in the following transactions. Acquired new building to be used as a store front for the bakery Collect Interest on Investment assets $ 85,000 $2,250 $ 25,200 $22,000 Gain on the sale of land Additional Information: Original Cost of land What are the cash flows from investing activities relating to these transactions? Solution: CASH AND INVESTMENT DECISIONS MGT 159 IN CLASS MATH PRACTICE SHEET OI. 5. Cash How from Investing Activities: Aswume yout speciaty bakery makes gourmet cupcakes and has been operating out of rented facilites in the past. Vou owned a plece of iand that you had planned to someday ase to build a sates storefront. This year your compamy decided to self the land and instead buy a buiting, tesulting in the followine transactions
CASH AND INVESTMENT DECISIONS MGT 159 IN CLASS MATH PRACTICE SHEET # 01 5.Cash Flow from Investing Activities: Assume your specialty bakery makes gourmet cupcakes and has been operating out of rented facilities in the past. You owned a piece of land that you had planned to someday use to build a sales storefront. This year your company decided to sell the land and instead buy a building, resulting in the following transactions. Acquired new building to be used as a store front for the bakery Collect Interest on Investment assets $ 85,000 $2,250 $ 25,200 $22,000 Gain on the sale of land Additional Information: Original Cost of land What are the cash flows from investing activities relating to these transactions? Solution:
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