Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 5 - Balance Sheet and Statement of Cash Flows - Review and Practice - Brief Exercises - Page 239: BE5-14


Total Net Cash Used Sale of Land and building $191,000 Less: Purchase of land ($37,000) Less Purchase of equipment ($53,000) $90,000 Net Cash Provided by Investing Activities $101,000

Work Step by Step

Total Martinez Corporation Net Cash Provided by Investing Activities equal to= $101,000
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