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

Geometry
1.2K views

There are 5 green apples and 6 red apples in a basket a What is...

Physics
1.2K views

26 Two insulating rods of equal length R one of charge q and other of...

Basic Math
1.2K views

Imagine that for those who meditate daily the number of minutes in meditation has mean...

Basic Math
1.2K views

What would be the best first step in solving this system?y = x + 3x...

Basic Math
1.2K views

If you leave a 100C pot of tea at room temperature (25C) and an identical...

Basic Math
1.2K views

Find the slope of the line passing through the points given below or state that...

Statistics
1.2K views

Differentiate the following function o y x 7 5 x 7 dx A

Calculus
1.2K views

Find the equation of the tangent line to f x 10x 6 1 when r

Accounting
1.2K views

The unadjusted trial balance of the Manufacturing Equitable at December 31, 2021, the...

Accounting
1.2K views

Sweeten Company had no jobs in progress at...

Accounting
1.2K views

Calloway Cab Company determines its break-even strictly on the basis of cash expenditures related to...

Accounting
1.2K views

Jackson Company engaged in the following investment transactions during the current year. All of...