A company's transactions for the year ended 31 December 2020, included the following: Purchase of building for RO 125000. Purchased investment securities worth RO 600000 Paid dividends of RO 300000 Issued 800 shares of common stock for RO 550000 Sale of Land costing RO 112000 for RO 175000 Accounts Receivable outstanding of RO 60000 were collected. Inventory were increased by RO 22000 Sale of Marketable securities RO 32100 Calculate the company's net cash INFLOW / OUTFLOW from investing activities?

A company's transactions for the year ended 31 December 2020, included the following: Purchase of building for RO 125000. Purchased investment securities worth RO 600000 Paid dividends of RO 300000 Issued 800 shares of common stock for RO 550000 Sale of Land costing RO 112000 for RO 175000 Accounts Receivable outstanding of RO 60000 were collected. Inventory were increased by RO 22000 Sale of Marketable securities RO 32100 Calculate the company's net cash INFLOW / OUTFLOW from investing activities?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter13: Investments And Long-term Receivables

Section: Chapter Questions

Problem 2MC: During 2021, Anthony Company purchased debt securities as a long-term investment and classified them...

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