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prepare investing activities section of the statment of cash flows Current Attempt in Progress Blossom Corporation reported the following information (in thousands) at December 31,
prepare investing activities section of the statment of cash flows
Current Attempt in Progress Blossom Corporation reported the following information (in thousands) at December 31, 2024 : Additional information: 1. The company purchased long-term investments during the year; none were sold. 2. The company purchased equipment during the year and sold some equipment that cost $100 and had a carrying amount of $80 for a gain of $20. Prepare the investing activities section of Blossom's statement of cash flows for the year. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000)Step by Step Solution
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