Homework Answers
| Cash flow from Investing activities: | |
| Particulars | Amount in $ |
| Cash Inflow for Selling of equipment (79,500-32,000) | 47,500 |
| Cash Outflow Paid for Truck | (115,000) |
| Cash Inflow for Selling of Land | 405,000 |
| Cash Inflow for Selling of Long Term Investment | 94,900 |
| Cash flow from Investing activities | 432,400 |
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a. Equipment with a book value of $79,500 and an b. Paid $115,000 cash for a...
a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $109,...
a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $325,000 for $425,000 cash, yielding a gain of $100,000. d. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $16,250. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...
Equipment with a book value of $80,500 and an original cost of $163,000 was sold at...
Equipment with a book value of $80,500 and an original cost of $163,000 was sold at a loss of $34,000. Paid $106,000 cash for a new truck. Sold land costing $315,000 for $420,000 cash, yielding a gain of $105,000. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $16,250. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)
Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of...
Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $82,500 and an original cost of $167,000 was sold at a loss of $33,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $310,000 for $430,000 cash, yielding a gain of $120,000. d. Long-term investments in stock were sold for $91,400 cash, yielding again of $15,500 Use the above information to determine cash flows from investing activities. (Amounts to be deducted...
a. Equipment with a book value of $81,500 and an original cost of $166,000 was sold at a loss of $30,000. b. Paid $...
a. Equipment with a book value of $81,500 and an original cost of $166,000 was sold at a loss of $30,000. b. Paid $112,000 cash for a new truck c. Sold and costing $330,000 for $405,000 cash, yielding a gain of $75,000. d. Long-term investments in stock were sold for $90,700 cash, yielding a gain of $17,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...
a. Equipment with a book value of $81,000 and an original cost of $169,000 was sold...
a. Equipment with a book value of $81,000 and an original cost of $169,000 was sold at a loss of $33,000. b. Paid $112,000 cash for a new truck. c. Sold land costing $320,000 for $400,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...
Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of...
Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $81,500 and an original cost of $164,000 was sold at a loss of $32,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts...
a. Equipment with a book value of $81,000 and an original cost of $167,000 was sold...
a. Equipment with a book value of $81,000 and an original cost of $167,000 was sold at a loss of $30,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $320,000 for $405,000 cash, yielding a gain of $85,000. d. Long-term investments in stock were sold for $94,200 cash, yielding a gain of $14,750 Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement...
Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $80,000...
Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $80,000 and an original cost of $162,000 was sold at a loss of $31,000. Paid $106,000 cash for a new truck. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should...
o. Equipment with a book value of $83,500 and an original cost of $162.,000 was sold...
o. Equipment with a book value of $83,500 and an original cost of $162.,000 was sold at a loss of $35.000. b. Paid $109.000 cash for a new truck c. Sold land costing $320,000 for $405,000 cash. yielding a gain of $85,000 d. Long-term investments in stock were sold for $92.100 cash, yielding a gain of $17.000. Sxipped Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be Indicated with a...
a. Equipment with a book value of $83,500 and an original cost of $165,000 was sold...
a. Equipment with a book value of $83,500 and an original cost of $165,000 was sold at a loss of $34,000. b. Pald $103,000 cash for a new truck. c. Sold land costing $315,000 for $410,000 cash, ylelding a gain of $95,000. d. Long-term Investments in stock were sold for $90,000 cash, ylelding a gain of $16,250. Use the above Information to determine cash flows from Investing activities. (Amounts to be deducted should be Indicated with a minus sign.) Statement...
a. Equipment with a book value of $81,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $325,000 for $425,000 cash, yielding a gain of $100,000. d. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $16,250. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...
Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $82,500 and an original cost of $167,000 was sold at a loss of $33,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $310,000 for $430,000 cash, yielding a gain of $120,000. d. Long-term investments in stock were sold for $91,400 cash, yielding again of $15,500 Use the above information to determine cash flows from investing activities. (Amounts to be deducted...
a. Equipment with a book value of $81,500 and an original cost of $166,000 was sold at a loss of $30,000. b. Paid $112,000 cash for a new truck c. Sold and costing $330,000 for $405,000 cash, yielding a gain of $75,000. d. Long-term investments in stock were sold for $90,700 cash, yielding a gain of $17,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...
a. Equipment with a book value of $81,000 and an original cost of $169,000 was sold at a loss of $33,000. b. Paid $112,000 cash for a new truck. c. Sold land costing $320,000 for $400,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $95,600 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus...
Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $81,500 and an original cost of $164,000 was sold at a loss of $32,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts...
a. Equipment with a book value of $81,000 and an original cost of $167,000 was sold at a loss of $30,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $320,000 for $405,000 cash, yielding a gain of $85,000. d. Long-term investments in stock were sold for $94,200 cash, yielding a gain of $14,750 Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement...
o. Equipment with a book value of $83,500 and an original cost of $162.,000 was sold at a loss of $35.000. b. Paid $109.000 cash for a new truck c. Sold land costing $320,000 for $405,000 cash. yielding a gain of $85,000 d. Long-term investments in stock were sold for $92.100 cash, yielding a gain of $17.000. Sxipped Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be Indicated with a...
a. Equipment with a book value of $83,500 and an original cost of $165,000 was sold at a loss of $34,000. b. Pald $103,000 cash for a new truck. c. Sold land costing $315,000 for $410,000 cash, ylelding a gain of $95,000. d. Long-term Investments in stock were sold for $90,000 cash, ylelding a gain of $16,250. Use the above Information to determine cash flows from Investing activities. (Amounts to be deducted should be Indicated with a minus sign.) Statement...
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