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Yingying Huang
on Dec 16, 2024

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The following data are available for Alamo Corporation.  Sale of land $225,000 Sale of equipment $130,000 Issuance of common stock 140,000 Purchase of equipment 70,000 Payment of cash dividends 120,000\begin{array} { l r } \text { Sale of land } & \$ 225,000 \\\text { Sale of equipment } & \$ 130,000 \\\text { Issuance of common stock } & 140,000 \\\text { Purchase of equipment } & 70,000 \\\text { Payment of cash dividends } & 120,000\end{array} Sale of land  Sale of equipment  Issuance of common stock  Purchase of equipment  Payment of cash dividends $225,000$130,000140,00070,000120,000 Net cash provided by investing activities is:

A) $285000.
B) $260000.
C) $305000.
D) $425000.

Sale of Equipment

This transaction involves disposing of business equipment, typically recorded as a gain or loss in the financial statements, depending on the sale price versus book value.

Common Stock

A type of equity ownership in a corporation, with voting rights and potential dividends, that takes last priority in asset distribution upon liquidation.

Purchase of Equipment

The act of acquiring equipment for business operations, typically considered a capital expenditure.

  • Ascertain the net cash inflow from operational, investment, and financial operations.
  • Differentiate among operating, investing, and financing activities as presented in the cash flow statement.
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Evelyn & Juan GuinassiDec 19, 2024
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