The following summary transactions occurred during the year for Marigold. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $391,000 11,500 60,000 34,900 111,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a mi Cash flows from investing activities: 171,000 10,500 96,000 101,000 30,500 1,000 MARIGOLD COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Net cash flows from investing activities
The following summary transactions occurred during the year for Marigold. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $391,000 11,500 60,000 34,900 111,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a mi Cash flows from investing activities: 171,000 10,500 96,000 101,000 30,500 1,000 MARIGOLD COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Net cash flows from investing activities
Chapter1: Financial Statements And Business Decisions
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