Cash received from: Collections from customers $384,000 Interest on notes receivable 8,000 Collection of notes receivable...
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Cash received from: Collections from customers $384,000 Interest on notes receivable 8,000 Collection of notes receivable 54,000 Sale of investments 32,000 Issuance of notes payable 104,000 Cash paid for: Purchase of inventory 164,000 Interest on notes payable 7,000 Purchase of equipment 89,000 Salaries to employees 94,000 Payment of notes payable 27,000 Dividends to shareholders 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) PETUNIA COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from investing activities: Net cash flows from investing activities + Cash received from: Collections from customers $384,000 Interest on notes receivable 8,000 Collection of notes receivable 54,000 Sale of investments 32,000 Issuance of notes payable 104,000 Cash paid for: Purchase of inventory 164,000 Interest on notes payable 7,000 Purchase of equipment 89,000 Salaries to employees 94,000 Payment of notes payable 27,000 Dividends to shareholders 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) PETUNIA COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from investing activities: Net cash flows from investing activities +
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Related Book For
Intermediate Accounting
ISBN: 978-1260481952
10th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Posted Date:
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