Question

In Crane Company, land decreased $154000 because of a cash sale for $154000, the equipment account increased $55000 as a result of a cash purchase, and Bonds Payable increased $123000 from issuance of bonds for cash at face value. The net cash provided by investing activities is$154000.$99000.$209000.$277000.

Answer 1

Option (B) The net cash provided by investing activities is $99000 is correct.

What is net cash?

• On a company's financial statements, net cash is a sum that is given.
• It is determined by deducting a company's total cash from its total liabilities.
• When assessing the cash flows of a corporation, the net cash figure is frequently utilized.

What is cash flow?

• The net balance of money coming into and going out of a business at a particular period is referred to as cash flow.
• A firm constantly receives and expends cash.
• For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.

Calculation of Net cash provided by investing activities:

Net cash provided by investing activities = land ($154000 cash inflow) - equipment purchase ($55000 cash outflow) = $99000

Hence, The net cash provided by investing activities is $99000.

Learn more about cash flow here:

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