|
Gain on Sale of Equipment
|
8,000
|
|
Purchase of Will Bonds ($300,000 face value)
|
275,000
|
|
Proceeds from Sale of Machinery
|
300,000
|
|
Dividends Paid
|
50,000
|
|
Proceeds from sale of treasury stock
|
200,000
|
Question 1: What is the amount reported as net cash provided from investing activities?
$25,000
$50,000
$275,000
$575,000
Question 2: What is the amount reported as net cash provided by financing activities?
$25,000
$30,000
$150,000
$160,000
Question 3: The gain on sale of equipment should be:
a source of funds in the financing activities section.
added back to net income to arrive at cash flow from operations.
excluded from the statement of cash flows.
subtracted from net income to arrive at cash flow from operations.