Tamarisk Corporation had the following activities in 2020. 1 Sale of land $195,000 4. Purchase of...

 

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Tamarisk Corporation had the following activities in 2020. 1 Sale of land $195,000 4. Purchase of equipment $446,000 2 Purchase of inventory $760,000 5. Issuance of common stock $302,000 3. Purchase of treasury stock $73,000 6. Purchase of available-for-sale debt securities $54,000 Compute the amount Tamarisk should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either -sign eg.-15,000 or in parenthesis e.g. (15,000).) Net cash by investing activities $ provided used eTextbook and Media Tamarisk Corporation had the following activities in 2020. 1 Sale of land $195,000 4. Purchase of equipment $446,000 2 Purchase of inventory $760,000 5. Issuance of common stock $302,000 3. Purchase of treasury stock $73,000 6. Purchase of available-for-sale debt securities $54,000 Compute the amount Tamarisk should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either -sign eg.-15,000 or in parenthesis e.g. (15,000).) Net cash by investing activities $ provided used eTextbook and Media

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To compute the net cash provided used by investing activities in Tamarisk Corporations 2020 sta... View the full answer