Business, 21.08.2020 06:01 widnickab

What amount should Dunbarn report as cash provided (used) by investing activities in its statement of cash flows for the year

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Answer from: noobieplayerxd

Complete Question:

Dunbarn Co. had the following activities during the year:

Purchase of inventory$120,000

Purchase of equipment 80,000

Purchase of available-for-sale securities 60,000

Purchase of treasury stock 70,000

Issuance of common stock 150,000

What amount should Dunbarn report as cash provided (used) by investing activities in its statement of cash flows for the year?A. $(120,000)B. $(140,000)C. $(210,000)D. $150,000

Dunbarn Co.

The amount Dunbarn Ltd should report as cash provided (used) by investing activities in its statement of cash flows for the year is:

B. $(140,000)

Explanation:

a) Investing outflows:

Purchase of equipment $80,000

Purchase of available-for-sale securities 60,000

Total spent on investing activities $140,000

b) Investing activities are the financial activities that an entity engages in to increase its stock of owned resources. They include cash inflows and outflows around the acquisition of long-term assets and securities. These are investments made so that the firm can generate more resources for itself. The purchase of inventory falls under operating activities, as inventory forms part of the main business of the entity. The purchase of treasury stock and issuance of common stock are classified as financing activities and not investing activities. This leaves the purchase of equipment and available-for-sale securities as the only investing activities during the year.

Answer from: Quest

24 years, i believe is the correct answer.

Answer from: Quest

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

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