Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 43

An analysis of the Marketable Securities control account of Fancher Products, Inc., shows the following entries during the year:

In addition, the company's income statement includes a $25,000 loss on sales of marketable securities.one of the company's marketable securities is considered a cash equivalent.
Compute the amounts that should appear in the statement of cash flows as:
a.urchases of marketable securities.
b.roceeds from sales of marketable securities.