Question

Sale of short-term stock investments $ 3,000

Cash collections from customers 7,900
Purchase of used equipment 2,600
Depreciation expense 1,000
Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)
Investing Activities

Answer 1

Answer: $400

Step-by-step explanation:

Cashflows from Investing Activities refer to those that have to do with the purchase or sale of fixed assets as well as other company securities.

Cashflows from investing activities here are:

= Sale of short term stock investments - Purchase of used equipment

= 3,000 - 2,600

= $400