Jaguar Electronics had the following transactions during 2016: Issued $50,000 of par value common stock for cash.
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Jaguar Electronics had the following transactions during 2016:
Issued $50,000 of par value common stock for cash.
Repaid a 6 Year note payable in the amount of $22,000.
Acquired land by issuing common stock of par value $100,000.
declared and paid a cash dividend of $2,000.
Sold a long-term investment (cost $3,000) for cash of $8,000.
Acquired an investment in IBM stock for cash of $15,000.
What is the net cash provided (used) by investing activities?
Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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