FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Splish Corporation had the following activities in 2025.
- Sale of land $194,000.
- Purchase of inventory $781,000.
- Purchase of
treasury stock $71,000. - Purchase of equipment $398,000.
- Issuance of common stock $311,000.
- Purchase of available-for-sale debt securities $54,000.
Compute the amount Splish should report as net cash provided (used) by investing activities in its 2025 statement of
Net cash
used
by investing activities
$
SAVE
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