Question
Joy Elle's Vegetable Market had the following transactions during 2017:(SHOW YOUR WORK) 1.Issued $100,000 of par valueordinary sharesfor cash. 2.Repaid a 6 year note payable
Joy Elle's Vegetable Market had the following transactions during 2017:(SHOW YOUR WORK)
1.Issued $100,000 of par valueordinary sharesfor cash.
2.Repaid a 6 year note payable in the amount of $44,000.
3.Acquired land by issuingordinary sharesof par value $200,000.
4.Declared and paid a cash dividend of $4,000.
5.Sold a non-current investment (cost $84,000) for cash of $12,000.
6.Acquired an investment in IBM shares for cash of $24,000.
What is the net cash provided by investing activities?
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Financial Accounting
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
6th Edition
1618533118, 978-1618533111
