Question

The cash flow data for GM is below Cash dividend..............................................$ 94,000 New PPE........................................................$ 61,000 Interest paid on debt.................................$ 39,000 Sales of old equipment.............................$ 86,000 Repurchase of stock..................................$ 83,000 Cash payments to suppliers...................$ 109,000 Cash collections from customers.........$ 440,000 A) Find the net cash provided by or used in investing activities.

Answer 1

Answer:

the net cash provided by investing activities is $25,000

Explanation:

The computation of the net cash provided by or used in investing activities is shown below

= Sale of old equipment - New PPE

= $86,000 - $61,000

= $25,000

Hence, the net cash provided by investing activities is $25,000