Maurice Tutor

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Category > Management Posted 10 Oct 2017 My Price 4.00

Wainwright Corporation

Wainwright Corporation had the following activities in 2014.

1. Sale of land $180,000.                               4. Purchase of equipment $415,000.

2. Purchase of inventory $845,000.           5. Issuance of common stock $320,000.

3. Purchase of treasury stock $72,000.    6. Purchase of available-for-sale securities $59,000.

Compute the amount Wainwright should report as net cash provided (used) by investing activities in its 2014 statement of cash flows.

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Oct 2017 11:10 PM My Price 4.00

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