Pratt Computer Sales, Inc., reported the following financial statements for 2016: Compute the following investing cash flows;
Question:
Compute the following investing cash flows; enter all amounts in thousands.
a. Acquisitions of plant assets (all were for cash). Pratt Computer Sales sold no plant assets.
b. Proceeds from the sale of investments. Pratt Computer Sales purchased no investments
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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