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please help me to solve that problems, thank you very much :) cash used in investing activities. The following information has been compiled from the
please help me to solve that problems, thank you very much :)
cash used in investing activities. The following information has been compiled from the accounting records of Matthew Company for the year ended December 31, 2016: Purchase of inventory Purchase of land, with vendor financing of $1,000,000 for 2 years Purchase of plant for cash Sale of plant: $ 1.950.000 3.500.000 2.500.000 Book value Cash proceeds 500.000 400.000 700.000 Buyback of ordinary shares Required: What is the amount of investing net cash outflows that would be reported in the 2016 cash flows? statement of CF-8. Nile Company at the The following information has been extracted from the accounting records of end of each year Ssuut Cash she 2015 800.000 750.000 ske inpii (cm%,1 2016 2.500.000 3.500.000 Borrowings Share capital Retained earnings 2.000.000 950.000 Borrowings of $300,000 were repaid during 2016 and new borrowings include $200,000 vendor financing arising on the acquisition of a property The movement in retained earnings comprises profit for 2016 of $900,000, net of dividends paid of $700,000. The movement in share capital arose from issuance of share capital for cash during the year. There were no dividends payable reported at the beginning and end of the current year. Required: What is the amount of financing net cash inflows that would be reported in the statement of cash flows? Incrauk 213Step by Step Solution
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