Winslow Manor Construction provided the following information during the year: $$\begin{array} { l r }
\text { Proceeds from sale of building } & \$ 65,000 \
\text { Cash paid to purchase inventories } & 22,000 \
\text { Proceeds from issuing long-term debt } & 17,000 \
\text { Dividends paid to stockholders } & 12,000 \
\text { Purchase of land for cash } & 56,000 \
\text { Cash collected from customers } & 180,000
\end{array}$$ How much is the net cash provided(/used) by investing activities during the year?

Question

Winslow Manor Construction provided the following information during the year: $$\begin{array} { l r } 
\text { Proceeds from sale of building } & \$ 65,000 \
\text { Cash paid to purchase inventories } & 22,000 \
\text { Proceeds from issuing long-term debt } & 17,000 \
\text { Dividends paid to stockholders } & 12,000 \
\text { Purchase of land for cash } & 56,000 \
\text { Cash collected from customers } & 180,000
\end{array}$$ How much is the net cash provided(/used) by investing activities during the year?

Quizplus · Accepted Answer

The Answer of Winslow Manor Construction provided the following information during the year: $$\begin{array} { l r } 
\text { Proceeds from sale of building } & \$ 65,000 \
\text { Cash paid to purchase inventories } & 22,000 \
\text { Proceeds from issuing long-term debt } & 17,000 \
\text { Dividends paid to stockholders } & 12,000 \
\text { Purchase of land for cash } & 56,000 \
\text { Cash collected from customers } & 180,000
\end{array}$$ How much is the net cash provided(/used) by investing activities during the year?

Winslow Manor Construction Provided the Following Information During the Year