Answer:
The amount would be reported for net investing cash flows on the Statement of Cash Flows is <u>–$190,000</u>, that is, <u>minus $190,000</u>.
Explanation:
Cash flow from investing activities refers to the section of the cash flow statement that provides amount of cash that is generated or spent on investing activities.
Investing activities comprises of purchases or sales property plant, and equipment (PP&E), marketable securities (i.e., stocks, bonds, etc.), and among others.
From the question, the amount of net investing cash flows can be computed as follows:
Particulars Amount ($)
Purchased land –180,000
Purchased treasury stock –40,000
Sold delivery truck <u> 30,000 </u>
Net cash flow from investing activities <u>–190,000 </u>
Therefore, the amount would be reported for net investing cash flows on the Statement of Cash Flows is <u>–$190,000</u>, that is, <u>minus $190,000</u>.
