Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. long ltd. received cash from various activities as

Long Ltd. received cash from various activities as follows: Dollar 50,000 from interest earned on...

60.1K

Verified Solution

Question

Accounting

Long Ltd. received cash from various activities as follows: Dollar 50,000 from interest earned on bonds it had purchased from IBM; Dollar 200,000 from a sale of inventory to GM; and Dollar 1,000,000 from a sale of its own shares to Manulife. How would these items appear on the cash flow statement

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

For the following, assume air is an ideal gas with constant specific heats at 300K. Find...

Mechanical Engineering
Q

How many ways can you distribute 1 piece of chocolate, 2 licorice sticks, and 7 pixie...

Advance Math
Q

“Intel Centrino in 2007: A New “Platform” Strategy for Growth” discusses an extremely important strategic and organizational...

General Management
Q

By sucking through density 13 6 g cm 1 13 6 cm 2 1 36...

Physics
Q

A bomb of mass 5m initially at rest explodes and break into three pieces of...

Physics
Q

Question In ANOP T is the centroid If OS 54 find TS Q N S

Geometry
Q

1. Amelia Corporation has the following information in its financial statement: ...

Accounting
Q

I will thumbs up the correct answer. Prefer the answer done through Excel, thanks. ...

Accounting
Q

Green Moose Industries Balance Sheet For the Year Ended on December 31 Assets Liabilities Current...

Finance
Q

Please discuss these theories in detail when answering this question. 1. PURCHASING POWER PARITY...

Finance
Q

Swisher, Incorporated reports the following annual cost data for its single product: Normal production level...

Accounting
Q

Under New Jersey Real Estate Commission rules, a licensee's obligations to the public include all...

Finance