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Keith_Richards [23]
3 years ago
9

In preparing a company's statement of cash flows for the most recent year, the following information is available:

Business
1 answer:
lesya [120]3 years ago
4 0

Answer:

c. $139,000 of net cash used.

Explanation:

Investing Activities shows results from Purchase or Sales of Assets or Investments.

Cash flow from Investing Activities

Purchase of equipment                                  (150,000)

Proceeds from the sale of equipment            131,000

Purchase of land                                             (120,000)

Net Cash used by Investing Activities           (139,000)

Net cash flows from investing activities for the year were: ($139,000)

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Answer:

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The answer is B. Intra period

Intra period cash flow is defined as the flow which occurred in a certain period of time. In the example above , the cash flow occurred within quarterly reporting period of time.

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3 years ago
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<h3>What is manufacturing?</h3>

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7 0
1 year ago
The role of a _____ is to provide direction and funding for a project.
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Project Sponsor, Most project sponsors have many interested parties or stakeholders, but someone must take the primary role of sponsorship.
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6 0
3 years ago
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On October 2 a buyer made an offer, which he agreed to keep open for three days. The seller made a counter offer, which the buye
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Answer:

Void

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