Question
Flow Company has provided the following information for the year ended December 31, 2016: Cash paid for interest, $18,500 Cash paid for dividends, $7,300 Cash
Flow Company has provided the following information for the year ended December 31, 2016:
Cash paid for interest, $18,500
Cash paid for dividends, $7,300
Cash dividends received, $5,300
Cash proceeds from bank loan, $26,000
Cash purchase of treasury stock, $9,500
Cash paid for equipment purchase, $25,500
Cash received from issuance of common stock, $35,500
Cash received from sale of land with a $30,500 book value, $23,800
Acquisition of land costing $49,500 in exchange for preferred stock issuance.
Payment of $165,000 note payable by exchanging used machinery with a $75,500 book value and $165,000 fair value
How much was Flow's net cash flow from investing activities?
A net inflow of $44,700
A net outflow of $51,200
A net outflow of $1,700.
A net inflow of $1,700.
During 2016, Eva's Enterprises cash paid for property, plant and equipment was $675 million and cash flow from operating activities was $6,048 million. The average property, plant, and equipment from the comparative balance sheets were $5,854 million. Eva's capital acquisitions ratio for 2016 is closest to:
8.67.
1.03.
8.82.
8.96.
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