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QUILJ ime Limit: 0:30:00 Time Left:0:27:15 Jiyue Huang: Attempt 1 Page 1: 1 2 3 Question 7 (2 points) Laura Ltd. had the following transactions
QUILJ ime Limit: 0:30:00 Time Left:0:27:15 Jiyue Huang: Attempt 1 Page 1: 1 2 3 Question 7 (2 points) Laura Ltd. had the following transactions occur in the current year: 4 5 6 7 8 9 -- 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. Cash purchase of a piece of equipment. 10 11 12 13 14 15 16 17 18 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? 19 20 1) Two items 2) Four items 3) Five items 4) Three items 2000 e 58
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