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Selected information from Peridot Corporation's accounting records and financial statements for 2018 is as follows ($ in millions): Cash paid to acquire machinery $ 39
Selected information from Peridot Corporation's accounting records and financial statements for 2018 is as follows ($ in millions):
Cash paid to acquire machinery | $ | 39 | |
Reacquired Peridot common stock | 57 | ||
Proceeds from sale of land | 100 | ||
Gain from the sale of land | 52 | ||
Investment revenue received | 70 | ||
Cash paid to acquire office equipment | 87 | ||
In its statement of cash flows, Peridot should report net cash outflows from investing activities of:
Multiple Choice
$33 million.
$104 million.
$101 million.
$26 million.
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