contestada

Consider the following list of transactions: Repay borrowing from the bank, $2,000. Pay employees’ salaries of $1,500. Purchase equipment for cash, $10,000. Provide services to customers for cash, $4,500. Issue shares of common stock for cash, $5,000. Pay utilities, $1,000. Provide services to customers on account, $2,500. Sell old delivery truck for cash, $4,000.What amount would the company report for investing cash flows in the statement of cash flows?a. $3500b. $6000c. $4500d. $3200

Respuesta :

Answer:

-$6000

Explanation:

Investing activities: it records operations that include buying and selling long-term properties. The acquisition is a cash outflow whereas the disposal is a cash inflow

The computation of the amount reported is shown below:

Cash flow from Investing activities  

Purchase equipment for cash, -$10,000

Sell old delivery truck for cash, $4,000

Net Cash flow from Investing activities -$6,000