exercise 12-9 (static) cash flows from investing activities lo p3 equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000. paid $89,000 cash for a new truck. sold land costing $154,000 for $198,000 cash, yielding a gain of $44,000. stock investments were sold for $60,800 cash, yielding a gain of $4,150. use the above information to determine cash flows from investing activities. note: amounts to be deducted should be indicated with a minus sign.

Respuesta :

The cash flows from investing activities, given the costs of equipment and other fixed assets, are $ 221, 100.

How to find the cash flow from investing activities?

The cash flow from investing activities refers to those cash flows that are either made from the sale of fixed assets and capital assets, or lost to the purchase of these same things.

The cash flows from investing activities here is therefore:

= Gain from sale of equipment - purchase of new truck + sale of and + sale of long term investment

= ( 65, 300 - 14, 000 ) - 89, 000 + 198, 000 + 60, 800

= $  221, 100

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