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Laura Ltd. had the following transactions occur in the current year: 1. Cash sale of inventory. 2. Sale of delivery truck at book value. 3.
Laura Ltd. had the following transactions occur in the current year: 1. Cash sale of inventory. 2. Sale of delivery truck at book value. 3. Sale of Laura Ltd.'s common share for cash. 4. Issuance of a note payable to a bank for cash. 5. Sale of an investment. 6. Purchase of a piece of equipment by issuing a loan payable. How many of the above items will appear as a cash inflow from investing activities on a statement of cash flows for the current year? 1) Three items 2) Two items 3) Four items 4) Five items
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