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Investing Activities Solutions Library

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17 solutions

Investing Activities

Q. Laurie Co. sold a machine for cash. The machine originally cost $20,000, and accumulated depreciation of $15,000 had been recorded up to the time o...

Solved • Nov 17, 2017

Investing Activities

Q. Which of the following transactions would be considered an investing activity on a Statement of Cash Flows? A) Purchased equipment for cash B) So...

Solved • Aug 2, 2017

Investing Activities

Q. A company buys and sells passive investments. Which of the following activities is included as an investing activity on the statement of cash flows...

Solved • Jul 28, 2017

Investing Activities

Q. Consider the following transactions: What was the net cash flow from investing activities? A. $27,000 inflow B. $330,000 outflow C. $15,000 out...

Solved • Jul 28, 2017

Investing Activities

Q. When property, plant, or equipment are sold at price that is in excess of book value, the sales should be reported as an inflow of cash from an inv...

Solved • Jul 28, 2017

Investing Activities

Q. Equipment with an original cost of $140,000 and accumulated depreciation of $130,000 was sold for $12,000 cash . What amount of this transaction wi...

Solved • Jul 28, 2017

Investing Activities

Q. Consider the following: What was the net cash inflow (outflow) from investing activities? A. $138,000 B. $12,000 C. $183,000 D. $103,000

Solved • Jul 28, 2017

Investing Activities

Q. Which of the following is reported as an investing activity on the statement of cash flows? A. sale of common stock B. purchase of office equipme...

Solved • Jul 28, 2017

Investing Activities

Q. The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2005 and December 31, 2005: Calculate the n...

Solved • Jul 28, 2017

Investing Activities

Q. 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 ...

Solved • Jul 28, 2017

Investing Activities

Q. XYZ Company purchased some equipment with cash on 10/15/15. What type of activity would this be classified as on the statement of cash flows?

Solved • Jul 21, 2017

Investing Activities

Q. Atkins Corporation has provided the following information for the year ended December 31, 2010: These facts imply that: a. A $135,000 cash inflow...

Solved • Jul 18, 2017

Investing Activities

Q. During 2014, Tada Company sold a building with a book value of $145,000 for proceeds of $132,000. The company also sold long-term investments for p...

Solved • Jul 18, 2017

Investing Activities

Q. Which of the following would be classified as an investing activity? a) Purchasing an investment in bonds b) Payment of a dividend c) Issuing Co...

Solved • Jul 14, 2017

Investing Activities

Q. P Company sold equipment that cost $45,600 for $12,450. Depreciation on the equipment from purchase to date of sale amounted to $35,000. What amoun...

Solved • Jul 14, 2017

Investing Activities

Q. A Company received $50,000 in cash when it sold a building and paid $90,000 in cash when it purchased some new machinery. As a result, the statemen...

Solved • Jul 14, 2017

Investing Activities

Q. Investing activities include a) Purchases of merchandise for cash. b) Purchases of plant and equipment for cash. c) Purchases of prepaid expense...

Solved • Jul 14, 2017