Question
The following information on selected cash transactions for 2021 has been provided by York Company: Proceeds from sale of land $290,000 Proceeds from long-term borrowings
The following information on selected cash transactions for 2021 has been provided by York Company:
Proceeds from sale of land $290,000
Proceeds from long-term borrowings 480,000
Purchases of inventories 1,020,000
Proceeds from sale of Yorks common stock 385,000
What is the cash provided (used) by investing activities for the year ended December 31, 2021, as a result of the above information?
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Marketing Research
Authors: David A. Aaker, V. Kumar , George S. Day
8th Edition
047123057X, 9780471230571
