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he want Investing activities !! please be smart The following information is available from the comparative statement of financial position for Ghala at
he want " Investing activities " !! please be smart The following information is available from the comparative statement of financial position for Ghala at the end of 2017 and 2018: 2018 2017 Prepaid insurance OMR 17,000 OMR 13,000 Accounts receivable (net) 20,000 15,000 Cash 87,000 14,000 Total current assets OMR 124,000 OMR 42,000 Accounts payable OMR 25,000 OMR 19,000 Salaries and wages payable 4,000 7,000 Total current liabilities OMR 29,000 OMR 26,000 In addition, the following information is available for Ghala Corporation for the year ended December 31, 2018 Purchase of equipment for cash 10,000 Cash from the sale of long-term investment 42,000 Issuance of ordinary shares for cash 20,000 Depreciation expense 35,000 Payment of cash dividends 38,000 Net income 30,000 Purchase of land by issuing long-term notes payable 40,000 The Net Cash provided by Investing Activities is: Select one: a. None of the answers are correct O b. OMR 73,000 O c. OMR 32,000 O d. OMR 59,000 O e OMR 87,000
he want " Investing activities " !! please be smart
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