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Determine amount of investing net cash outflows royal ltd

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Reference no: EM132993587

The following information has been compiled from the accounting records of Royal Ltd for the year ended 30 June 2019.

purchased of land with vendors financing $100,000 for 2years $350,000

purchase plant $250,000

sale of plant:

carrying amount $50,000

cash proceeds $42,000

Required

Problem 1: Determine the amount of investing net cash outflows Royal Ltd would report in its statement of cash flows for the year ended 30 June 2019.

Reference no: EM132993587

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