Business, 14.12.2019 00:31 Thejollyhellhound20

Mary andrews, inc. had the following transactions:

cash proceeds on sale of land $430,000
cash proceeds on sale of equipment 140,000
purchase of treasury stock with cash 53,000
purchase of equipment with cash 48,000
issuance of common stock for cash 70,000

on a statement of cash flows prepared under the indirect method, net cash provided by investing activities is:

a. $543,000.
b. $495,000.
c. $590,000
d. $565,000.

Answers: 1

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Mary andrews, inc. had the following transactions:

cash proceeds on sale of land $430,...