Maurice Tutor

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Category > Accounting Posted 29 Jul 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.

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Maurice Tutor
(5)
Status NEW Posted 29 Jul 2017 03:07 PM My Price 4.00

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