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2. ABC company sells an old piece of equipment for $5,000 cash. At the same moment, it buys a new truck for $25,000. It paid also $2000 as dividends to its shareholders. The cash flow from investing activities for this company is: O $-20,000 O $-22,000 O $ 20,000 $-30,000 None of the above

2. ABC company sells an old piece of equipment for $5,000 cash. At the same moment, it buys a new truck for $25,000. It paid also $2000 as dividends to its shareholders. The cash flow from investing activities for this company is: O $-20,000 O $-22,000 O $ 20,000 $-30,000 None of the above

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 7GI
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2. ABC company sells an old piece of equipment for $5,000 cash. At the same moment, it buys a new truck for $25,000. It paid also $2000 as dividends to its shareholders. The cash flow from investing activities for this company is: * $-20,000 O $-22,000 $ 20,000 $-30,000 None of the above $10,500 of sales, $4,000 of
Transcribed Image Text:2. ABC company sells an old piece of equipment for $5,000 cash. At the same moment, it buys a new truck for $25,000. It paid also $2000 as dividends to its shareholders. The cash flow from investing activities for this company is: * $-20,000 O $-22,000 $ 20,000 $-30,000 None of the above $10,500 of sales, $4,000 of
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