Determine the amount of cash provided

Reference no: EM13125850

Old Alabama Company purchased investments for $45,000 and plant assets for $127,000 during the current year, during which it also sold plant assets for $66,000, at a gain of $6,000. The company also purchased treasury stock for $78,000 and sold a new issue of common stock for $523,000.

Determine the amount of cash provided by or used for investing activities for the year.

Reference no: EM13125850

Questions Cloud

Accurate valuation of goodwill : By itself, it is valueless. Assuming that all unrelated acquisitions are at "arm's length," why is the accurate valuation of goodwill so important? Why should you be concerned about it?

Create probability distribution for duration of service call : The different types of malfunction occur at about the same frequency. Develop a probability distribution for the duration of a service call.

Gabriel''s epiphany : James Joyce, "the Dead". What does Gabriel's epiphany at the end of the story suggest?

How many moles of ammonia gas would be produced : using this equation N2(g)+3H2(g)-->2NH3(g) if 10500 L H2 gas is reacted with an excess of N2 gas at 200 atm and 500 degrees how many moles of ammonia gas would be produced, assuming a 15% yield

Determine the amount of cash provided : Old Alabama Company purchased investments for $45,000 and plant assets for $127,000 during the current year, during which it also sold plant assets for $66,000, at a gain of $6,000. The company also purchased treasury stock for $78,000 and sold a ..

Illustrate what is the balance in accumulated depreciation : The estimated salvage value is $50,000, and the estimated total useful life is 5 years. The straight-line method is used for depreciation. Illustrate what is the balance in accumulated depreciation on May 1, 2013 when the asset is sold?

Cuisenaire rod problems-fibonacci numbers : How many different trains of white (1x1) and/or red (1x2) rods are there of a given length N? Find at least 2 ways to justify your solution

Explain conjugate pairs of acids and bases : Conjugate Pairs of Acids and Bases, What is the base if the acid is H2PO4- and the equation of the pair?

Apa style : 1. Why is APA Style used to document ideas in writing? What is the purpose of the in-text citation? Demonstrate your understanding of the in-text citation by providing an in-text citation for the article you summarized for the week 2 assignment

User Account

All Pages