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Gain on Sale of Equipment 8,000 Purchase of Will Bonds ($300

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

What is the amount reported as net cash provided from investing activities?
$25,000
$50,000
$275,000
$575,000

What is the amount reported as net cash provided by financing activities?
$25,000
$30,000
$150,000
$160,000

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.

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Solution Summary

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

What is the amount reported as net cash provided from investing activities?
$25,000
$50,000
$275,000
$575,000

What is the amount reported as net cash provided by financing activities?
$25,000
$30,000
$150,000
$160,000

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.

$2.19