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Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $22,500 Cash paid for dividends, $6,500 Cash dividends received, $4,500 Cash proceeds from bank loan, $34,000 Cash purchase of treasury stock, $13,500 Cash paid for equipment purchase, $29,500 Cash received from issuance of common stock, $39,500 Cash received from sale of land with a $34,500 book value, $27,000 Acquisition of land costing $53,500 in exchange for preferred stock issuance. Payment of $125,000 note payable by exchanging used machinery with a $79,500 book value and $125,000 fair value How much was Flow's net cash flow from investing activities

User Dov
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4 votes

Answer:

$2,500

Step-by-step explanation:

Net Cash flow from investing activities

Particulars Amount

Cash proceeds from sale of Land $27,000

Cash Paid for Equipment Purchase -$29,500

Net Outflow from investing activities ($2,500)

User Jonathon Oates
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