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sergij07 [2.7K]
2 years ago
9

1) Issued common stock for $5,000 cash. (2) Earned $3,000 of cash revenue. (3) Paid a $4,000 cash to purchase land. (4) Paid cas

h dividends amounting to $400. (5) Paid $2,200 of cash expenses. Based on this information, the amount of cash flow from investing activities appearing on the statement of cash flows is
Business
1 answer:
WITCHER [35]2 years ago
3 0

Answer:

-$4,000

Explanation:

The computation of the amount of cash flow from investing activities is shown below:

= Paid a $4,000 cash to purchase land

Since the land is purchase for cash so the amount is to be shown in the investing activities in a negative value as the purchase is the outflow of cash

So the same is relevant

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