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Alliance Inc, in 2020, purchased machinery for $800000. In addition, It received dividends of $30000...

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Accounting

Alliance Inc, in 2020, purchased machinery for $800000. In addition, It received dividends of $30000 on investment in shares. The company also sold an old machine with a book value of $66000 at a loss of $20,000. The company obtained a loan of $110000, Compute the following:

Inflows from investing activities

Answer for part 1 Outflows from investing activities

Answer for part 2 Net cash flow from investing activities

Answer for part 3

Answer & Explanation Solved by verified expert
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