8. fa gain of $11,00is realized in selling (for cash) office equipment having a

Question

8. fa gain of $11,00is realized in selling (for cash) office equipment having a book value of $55,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is a. $44,000 b.$11,000 c. $55,000 d. $66,000 g Bonds were ssed for $200,000 cash; equity stocks were issued for 35,000 cash and dwdends were paid $6.000 cash. How much was net cash provided by financing activites as a result of these transactions? a. $229,000 .$235,000 $241,000 d. $(171,000

Explanation / Answer

8 Cash flows from investing activities = 55000+11000=66000 9 Cash flows from financing activities =200000+35000-6000 = 229000

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