Question

For the year, Wilson Manufacturing, Inc. increased its current assets by $62,000, decreased its current liabilities by $55,000, and decreased its fixed assets by $19,000. What is the investment cash flow for the year

Answer 1

Answer:

investment cash flow is $19,000

Explanation:

given data

current assets = $62,000

current liabilities = $55,000

fixed assets = $19,000

to find out

investment cash flow for the year

solution

as we know that cash flows increase or decrease as the result of change in the fixed assets is consider to be cash flows by investment activities

and Changes in working capital cash flow is operating cash flows not investment cash flows

so we can say that

investment cash flow is $19,000