Question: Question 28 (3 points) If net fixed assets in 2011 = $ 19,247, if net fixed assets in 2012 = $28,913 , if depreciation on

 Question 28 (3 points) If net fixed assets in 2011 =

Question 28 (3 points) If net fixed assets in 2011 = $ 19,247, if net fixed assets in 2012 = $28,913 , if depreciation on the 2011 income statement is $695 and if depreciation on the 2012 income statement is $828 , what would be Net Cash Flow from Investing Activities on the 2012 statement of cash flows (if these were the only long term account changes for the company)? Enter your answer without a dollar sign and without commas. Also, since NCF from Investing Activities is ALWAYS (in Fl 3300) as cash outflow, be sure to put a negative sign before your answer with no space between the sign and the number

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!