Question

Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $21,500 Cash paid for dividends, $6,300 Cash dividends received, $4,300 Cash proceeds from bank loan, $32,000 Cash purchase of treasury stock, $12,500 Cash paid for equipment purchase, $28,500 Cash received from issuance of common stock, $38,500 Cash received from sale of land with a $33,500 book value, $26,200 Acquisition of land costing $52,500 in exchange for preferred stock issuance. Payment of $115,000 note payable by exchanging used machinery with a $78,500 book value and $115,000 fair value How much was Flow's net cash flow from investing activities

Answer 1

Net Cash outflow = $2,300

Step-by-step explanation:

Cash flow from Investing activity

Particulars Amount

Cash proceeds from sale of Land $26,200

Cash Paid for Equipment Purchase -$28,500

Net cash-flow from investing activities ($2,300)