Question
Kendall Company sold equipment for $250,000 cash, purchased a building for $650,000 cash, sold investments for $280,000 cash, and repaid a note payable for $230,000
Kendall Company sold equipment for $250,000 cash, purchased a building for $650,000 cash, sold investments for $280,000 cash, and repaid a note payable for $230,000 plus $23,000 of interest. What was the net cash flow from investing activities?
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Accounting And Financial System Reform In A Transition Economy A Case Study Of Russia
Authors: Robert W. McGee, Galina G. Preobragenskaya
4th Edition
0387238476, 9780387238470
