During January, ABC Company reported the following payments of cash:
● $20,000 cash paid to purchase inventory
● $40,000 cash paid to owners as a dividend
● $50,000 cash paid to purchase land
● $10,000 cash paid to employees for salaries
In its statement of cash flows for January, ABC Company would show cash outflows from investing activities of:
Frequently Asked Questions
What scientific concept do you need to know in order to solve this problem?
Our tutors have indicated that to solve this problem you will need to apply the Investing Activities concept. You can view video lessons to learn Investing Activities. Or if you need more Investing Activities practice, you can also practice Investing Activities practice problems.
What is the difficulty of this problem?
Our tutors rated the difficulty ofDuring January, ABC Company reported the following payments ...as medium difficulty.