Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. waterway corporation had the following activities

Waterway Corporation had the following activities in 2025. Sale of land $166,000. ...

50.1K

Verified Solution

Question

Accounting

Waterway Corporation had the following activities in 2025.
Sale of land $166,000.
Purchase of equipment $451,000.
Purchase of inventory $791,000.
Issuance of common stock $331,000.
Purchase of treasury stock $67,000.
Purchase of available-for-sale debt securities $59,000.
Compute the amount Waterway should report as net cash provided (used) by investing activities in its 2025 statement of cash flows.
(Show amounts that decrease cash flow with either a- sign e.g.-15,000 or in parenthesis e.g.(15,000).)
Net cash
by investing activities $
image

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

what is the evolutionary origin of animals ? type answer please :)

Biology
Q

Sales Tax: If the purchase price of a bottle of California wine is $24 and the...

Basic Math
Q

c A particle of mass 2 00 kg located at position 7 2 3 2k...

Physics
Q

A 5000 kg rocket is set for vertical firing The exhaust speed is 800 m...

Physics
Q

A bomb of mass 3 0 kg explodes in air into two pieces of masses...

Physics
Q

Compute the sum of all the solutions of the equation I2x?2/xI = 1 8...

Basic Math
Q

Matt recently deposited $20,000 in a savings account paying a guaranteed interest rate of 4...

Accounting
Q

Write down the differences between perpetual and periodic method with examples in your own words....

Accounting
Q

Ivanhoe Unlimited produces four products through a joint process that incurs costs of $178000. Information...

Accounting
Q

Why do some accounts need to be adjusted before the Financial Statements are prepared?

Accounting
Q

choose? One of the following is NOT an indicator of financial risk...

Accounting
Q

Dakota Corporation 15-year bonds have an equilibrium rate of return of 9 percent. For all...

Finance