Chapter 12, Problem 15DQ

Summary Introduction

Concept Introduction:

The statement of cash flows is one of the four financial statements; income statement, balance sheet, statement of owner’s equity, and statement of cash flows. The statement of cash flows is prepared to know the cash flow position of the business. The statement shows cash flows under three different types of business activities; operating activities, investing activities, and financing activities.

To indicate:the list of items and amounts under the investing activities section of the cash flows of the company for the year ending Dec. 31, 2016.