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What would net cash provided or use by investing activities be on icicle inks statement of cash flows? 5 The comparative balance sheet for Ice
What would net cash provided or use by investing activities be on icicle inks statement of cash flows?
The comparative balance sheet for Ice Castle Inc. appears below:
Icicle, Inc.
Comparative Balance Sheet
Assets
Cash
Accounts receivable
Inventory
I Property, Plant & Equipment
Accumulated depreciationPP&E
Total assets
Accounts payable
Accrued expenses payable
Bonds payable
Common stock
Retained earnings
Total liabilities and stockholders' equity
Dec.
The income statement for the year is as follows:
Dec. change
Icicle, Inc.
Income Statement
Dividends declared and paid during were $ During the year equipment was sold for $ cash.
This equipment cost $ originally and had accumulated depreciation of $ at the time of sale.
What would net cash provided or used by investing activities be on Icicle Inc.s statement of cash flows? show your work for partial credit
Increse in propering, plund, equipment
Purchuse of fixet osseis
sole of fixed assers'
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