Question I need help with: This year Webster exchanged 2 5 0 , 0 0 0 of
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Question:
Question I need help with:
This year Webster exchanged of its no par value common shares for parcels of land from Big Time Limited. Websters shares are trading at $ on the date of the transaction. The land and building were appraised by professional appraisers at a value between $ and $ with the best estimate at $
Part : What is the impact of this transaction of the Statement of Cash Flows?
Part : If this is the only transaction affecting Websters non current assets, what is the amount of cash generated used by investing activities if the depreciation expense of the acquired land and building is $
Part : In Websters books, what is the value of the land that was acquired?
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