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Calculate the investing cash flows of azure company

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Reference no: EM132516520

Question 1: Azure Company sold a machine that had a book value $46,000 for $75,000. It also purchased a new equipment for $66,000, land for $100,000, and raw materials to be used in production for $41,000. Calculate the investing cash flows of Azure Company.

a.$(87,000)

b.$(91,000)

c.$(120,000)

d.$(134,000)

Reference no: EM132516520

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