Hybrid Ltd provides the following information for the period ended 30 June 2005:

What was the amount of cash used to acquire plant and equipment?

Question

Hybrid Ltd provides the following information for the period ended 30 June 2005:

What was the amount of cash used to acquire plant and equipment?

Quizplus · Accepted Answer

The amount of cash used to acquire plant and equipment can be found in the cash flow statement under the section "Cash flows from investing activities". The total for this section is shown as a negative number, indicating cash outflows. In this case, the total for "Purchase of plant and equipment" is $520,000, which is the correct answer.

Hybrid Ltd Provides the Following Information for the Period Ended