Your Answer Correct Answer (Used) - Wainwright Corporation had the following activities in 2020. 1. 2. Your answer is pa
Posted: Fri Jul 01, 2022 8:27 am
statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Purchase of equipment $415,000 Issuance of common stock $320,000 Purchase of available-for-sale debt securities $59,000 $ 1/2 = : 1080000 4
Your Answer Correct Answer (Used) - Wainwright Corporation had the following activities in 2020. 1. 2. Your answer is partially correct. 3. Sale of land $180,000 Purchase of inventory $845,000 Purchase of treasury stock $72,000 Net cash used 4. by investing activities 5. 6. Compute the amount Wainwright should report as net cash provided (used) by investing activities in its 2020