Selected information from Regan Ltd.'s 2020 accounting records is as follows: Proceeds from sale of land...............................$300,000 Proceeds from long-term borrowings...............400,000 Purchase of plant assets.................................280,000 Purchase of inventories...................................850,000 Proceeds from issuance of common shares.....300,000 Based on the above information, the cash provided by investing activities for calendar 2020 is?

Selected information from Regan Ltd.'s 2020 accounting records is as follows: Proceeds from sale of land...............................$300,000 Proceeds from long-term borrowings...............400,000 Purchase of plant assets.................................280,000 Purchase of inventories...................................850,000 Proceeds from issuance of common shares.....300,000 Based on the above information, the cash provided by investing activities for calendar 2020 is?

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

Chapter12: Intangibles

Section: Chapter Questions

Problem 10MC

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