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Sale of short-term stock investments $ 8,500
Cash collections from customers 21,300
Purchase of used equipment 6,600 Depreciation expense 2,700

Required:
Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

Respuesta :

Zviko

Answer:

Cash flows from investing activities is $1,900

Explanation:

Cash flow from Investing Activities involves movements in the purchase and / or sell of capital expenditures.

Prepare the Cash flow from Investing Activities Section as follows :

Cash flow from Investing Activities

Proceeds from Sale of short-term stock investments  $ 8,500

Purchase of Equipment                                                  -$6,600

Net Cash flow from Investing Activities                          $1,900

Conclusion :

Cash flows from investing activities is $1,900

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