The Big and Fast company provides the following information about its activities in the year 2016. Marketable
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Question:
The Big and Fast company provides the following information about its activities in the year 2016.
Marketable securities purchased: $45,000
Treasury stock purchased: $56,000
Inventory purchased: $412,000
Land sold: $95,000
Machinery purchased: $278,000
Common stock issued: $168,000
Required:
Compute net cash provided/used by investing activities to be reported in the statement of cash flows of Big and Fast company.
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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