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excercise 12-7 cash flows from investing activities lo p3 Help Save & Exit Submit Check my work 1 Exercise 12-7 Cash flows from investing activities
excercise 12-7 cash flows from investing activities lo p3
Help Save & Exit Submit Check my work 1 Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $81,000 and an original cost of $167.000 was sold at a loss of $36,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $320,000 for $425,000 cash, yielding a gain of $105,000. d. Long-term investments in stock were sold for $92.800 cash, yielding a gain of $15,500. (Amounts to be deducted should be Use the above information to determine this company's cash flows from investing activities. indicated with a minus sign.) Prev 1 of 1 Step by Step Solution
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