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Exercise 12-7 Cash flows from investing activities LO P3 4.25 points a. Equipment with a book value of $82,500 and an original cost of $164,000
Exercise 12-7 Cash flows from investing activities LO P3 4.25 points a. Equipment with a book value of $82,500 and an original cost of $164,000 was sold at a loss of $35,000. b. Paid $112,000 cash for a new truck. c. Sold land costing $315,000 for $405,000 cash, yielding again of $90,000. d. Long-term investments in stock were sold for $92,800 cash, yielding a gain of $15,500. eBook Na el az oo Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Hint Cash flows from investing activities Ask Print References
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