Safari File Edit View History Bookmarks Window Help ACCOUNTING F17 Week 11 Quest

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Safari File Edit View History Bookmarks Window Help ACCOUNTING F17 Week 11 Question 3 (of 5) 3. M12-6 Computing Cash Flows from Investing Activities [LO 12-3] Based on the following information, compute cash flows from investing activities under GAAP Cash collections from customers Purchase of used equipment Depreciation expense Sale of investments Dividends received Interest received $850 225 225 500 120 225 References eBook & Resources Worksheet Difficulty: 1 Easy M12-6 Computing Cash Flows from Investing Activities [LO 12-3] Learning Objective: 12-03 Report cash flows from investing activities.

Explanation / Answer

Cash flow from investing activities purchase of used equipment -225 sale of investments 500 Cash flow from investing activities 275

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