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What is the cash provided by investing activities

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Reference no: EM132460179

The following information on selected cash transactions for 2009 has been provided by Simpson Company:

Proceeds from sale of land                                $160,000

Proceeds from long-term borrowings                    400,000

Purchases of plant assets                                  144,000

Purchases of inventories                                    680,000

Proceeds from sale of Simpson common stock       240,000

Question 1: What is the cash provided (used) by investing activities for the year ended December 31, 2009, as a result of the above information?

Reference no: EM132460179

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