Maurice Tutor

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Teaching Since: May 2017
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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 17 Jan 2018 My Price 6.00

X Company

The following transactions apply to X Company:

Sold merchandise for cash $2,119
Paid wages 3,377
Purchased new equipment for cash 8,948
Paid dividends 1,423
Bought supplies on account 4,310
Paid operating expenses 5,646
Issued stock to investors for cash 1,631
Repaid a bank loan 4,924
Disposed of old equipment for cash 6,456
Loaned money to another company 3,599
Recorded depreciation during the year 1,203

 

What is the net effect of these transactions in the Investing Section of the Statement of Cash Flows (assume that a positive number means a net inflow and a negative number means a net outflow)?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Jan 2018 08:01 PM My Price 6.00

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