In the current year, fwcn company sold land for $78,000 cash, purchased a delivery van for $24,000 cash, and issued common stock for $95,000 cash. the net cash provided by investing activities is:_________

Respuesta :

$147,000 is the net cash provided by investing activities if the current year, fwcn company sold land for $78,000 cash, purchased a delivery van for $24,000 cash, and issued common stock for $95,000 cash.

A company's financial statements will disclose a sum known as net cash. It is computed by deducting the total liabilities of a corporation from its total cash. When analyzing a company's cash flows, the net cash figure is frequently utilized. Net cash can also mean the amount of cash that is still available after a transaction has been completed and all related costs and deductions have been taken into account.

Similar to the current ratio, net cash is a metric for assessing a company's liquidity, or its capacity to pay its debts on time. Financial commitments made by an organization may take the form of investment activity, debt payments, or routine running expenses.

Net cash = selling price of land - purchasing cost of van + common stock

               = $76000 - $27000+$98000

               = $147000

Therefore, Net cash is $147,000

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