Question
The following information on selected cash transactions for 2024 has been provided by Riverbed Company: Proceeds from sale of land $311000 Proceeds from long-term
The following information on selected cash transactions for 2024 has been provided by Riverbed Company: Proceeds from sale of land $311000 Proceeds from long-term borrowings 606000 Purchases of plant assets 212000 Purchases of inventories 1015000 Proceeds from sale of Riverbed common stock 368000 What was the cash provided (used) by investing activities for the year ended December 31, 2024, as a result of the above information?
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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