Milliken Company paid $3.00 million to purchase stock in another company, $1.40 million to repurchase treasury shares,
Fantastic news! We've Found the answer you've been seeking!
Question:
Milliken Company paid $3.00 million to purchase stock in another company, $1.40 million to repurchase treasury shares, $1.50 million to buy short-term investments, sold used equipment for $0.84 million when its book value was $1.20 million, and purchased new equipment for $3.8 million.
What was the net cash flow from investing activities?
A company reported net income of $202,500 during 2019. The company reported depreciation expense of $47,500, patent amortization of $16,250 and a $7,500 loss on the sale of equipment. Using the indirect method.
How much is the company's net cash flow from operating activities?
Related Book For
Posted Date: