VJC received the following cash inflows during 2012: $$\begin{array} { | l | l | }
\hline \text { Dividends received } & \$ 10,000 \
\hline \text { Sale of capital assets } & 50,000 \
\hline \text { Proceeds of issuing VJC common shares } & 60,000 \
\hline \text { Collection of non-operating notes recewable } & 15,000 \
\hline \text { Proceeds trom mortgaging a building } & \
\hline
\end{array}$$ What would be VJC's cash inflow from investing and financing activities, respectively, for 2011 under IFRS?
Note: Under IFRS, dividends received may also be classified as operating cash flows.

Question

VJC received the following cash inflows during 2012: $$\begin{array} { | l | l | } 
\hline \text { Dividends received } & \$ 10,000 \
\hline \text { Sale of capital assets } & 50,000 \
\hline \text { Proceeds of issuing VJC common shares } & 60,000 \
\hline \text { Collection of non-operating notes recewable } & 15,000 \
\hline \text { Proceeds trom mortgaging a building } & \
\hline
\end{array}$$ What would be VJC's cash inflow from investing and financing activities, respectively, for 2011 under IFRS?
Note: Under IFRS, dividends received may also be classified as operating cash flows.

Quizplus · Accepted Answer

The Answer of VJC received the following cash inflows during 2012: $$\begin{array} { | l | l | } 
\hline \text { Dividends received } & \$ 10,000 \
\hline \text { Sale of capital assets } & 50,000 \
\hline \text { Proceeds of issuing VJC common shares } & 60,000 \
\hline \text { Collection of non-operating notes recewable } & 15,000 \
\hline \text { Proceeds trom mortgaging a building } & \
\hline
\end{array}$$ What would be VJC's cash inflow from investing and financing activities, respectively, for 2011 under IFRS?
Note: Under IFRS, dividends received may also be classified as operating cash flows.

VJC Received the Following Cash Inflows During 2012 What Would Be VJC's Cash Inflow from Investing and Financing