Question
a. Equipment with a book value of $79,000 and an original cost of $165,000 was sold...
a. Equipment with a book value of $79,000 and an original cost of $165,000 was sold at a loss of $37,000.
b. Paid $100,000 cash for a new truck.
c. Sold land costing $320,000 for $420,000 cash, yielding a gain of $100,000.
d. Long-term investments in stock were sold for $92,800 cash, yielding a gain of $14,750.
Use the above information to determine this company's cash flows from investing activities.
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Cash flows from investing activities: a. Equipment with a book value of $79,000 and an original...
Cash flows from investing activities:
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Equipment with a book value of $79,000 and an original cost of
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Paid $109,000 cash for a new truck.
c.
Sold land costing $320,000 for $415,000 cash, yielding a gain
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d.
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Blaylock Company
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At December
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Partial Statement of Cash Flows (Indirect
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...
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$
Cash flows from investing activities:
$
Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Dec....
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