Company sold equipment with a net book value of $110,000 for $130,000 in cash. This equipment was originally purchased for $200,000. What will be the net effect of this transaction on the net cash provided by investing activities on the statement of cash flows? Question The following data relates to Ronaldo Inc. for last year: Net income $117,000 Net increase in all current assets except cash $31,000 Net increase in current liabilities.....$45,000 Dividends paid on common stock.$20,000 Depreciation expense ... $8,000 Gain on sale of investments $3,000.

• What is Ronaldo’s net cash provided by operating activities for last year on the statement of cash flows?

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