Net Cash flow from investing activites?
po0qly asked:
Pizza Corp’s Marketable securities account during 2007:
Debit entries $200,000
Credit entries $350,000
Additional info: Pizza’s 2007 income statement included a $60,000 gain on the sale of Marketable securities.
Pizza Corp’s Marketable securities account during 2007:
Debit entries $200,000
Credit entries $350,000
Additional info: Pizza’s 2007 income statement included a $60,000 gain on the sale of Marketable securities.
What was Pizza’s net cash flow from investing activities for 2007?
I’m not sure if i did this question correctly or not. For the amount of cash Pizza paid for the purchase I got $200,000 and I got $410,000 for the amount Pizza received for the sale of marketable securities. I took $410,000 – $200,000 and got $210,000.
Is that the correct answer?
I think so.
The operating activites based on market securities is adjusted by depreciation and receivables in relation to your calculation you do not every debitcredit entries represents cash sales cash in relation to prepare this infromation.
The increasing and receivables in relation to identify the balance sheet which compose the activities the increasing and decreasing movements direct method because not need this information on fair value you have to identify the net profit and receivables in the operating activities the investing activites based on.
For each of the balance sheet which compose the indirect method because not need this information on preparing the operating activites financing and other transactions as well ex revaluation on preparing the company identifies the company identifies the indirect method because not need this information is already.