Lind Industries is one of the largest manufacturers of small motors in the United States. The cash
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a. How have cash flows provided by investing activities changed over the three-year period?
b. If any of these changes continue in the coming years, what concerns would you have about Lind Industries'future?
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2014 2013 2012 Sale of discontinued operations, net $739,764 of cash divested Sale of investment in unconsolidated $ 57,767 joint venture Change in restricted cash Investments in unconsolidated joint ventures Sales (purchases) of property and $(115,404) (59,625 (85,188) (179,184) 7,073 (17,638) equipment, net Other, net 685 772 167,956 $655,261 $(138,283) (4,477) Net cash provided (used) by investing activities-continuing operations Net cash provided (used) by investing activities-discontinued operations (12,112) Net cash provided (used) by investing activities (167,956 $643,149 $142,760)
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