During fiscal year 2017, Donuts 'R' Us Inc. reported net loss of $135.8 million. Donuts received $1.0

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During fiscal year 2017, Donuts 'R' Us Inc. reported net loss of $135.8 million. Donuts received $1.0 million from the sale of other businesses. Donuts made capital expenditures of $10.4 million and sold property, plant, and equipment for $7.3 million. The company purchased long-term investments at a cost of $12.2 million and sold other long-term investments for $2.5 million.
Requirement
Prepare the investing activities section of the Donuts 'R' Us statement of cash flows. Based solely on Donuts's investing activities, does it appear that the company is growing or shrinking? How can you tell?
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Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-0134564142

6th Canadian edition

Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin

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