What amount would be shown for net cash

Reference no: EM131792296

Question: Alp Inc. had the following activities during 2014:

• Acquired 2,000 shares of stock in Maybel Inc. for $26,000.

• Sold an investment in Rate Motors for $35,000 when the carrying value was $33,000.

• Acquired a $50,000, four-year certificate of deposit from a bank. (During the year, interest of $3,750 was paid to Alp.)

• Collected dividends of $1,200 on stock investments.

Required: In Alp's 2014 statement of cash flows, what amount would be shown for net cash used in investing activities?

Reference no: EM131792296

Questions Cloud

Finance company when securitizing loans : Identify and describe BOTH a risk related AND non-risk related benefit that may be realized by a commercial bank or finance company when securitizing loans.

What were the identified strengths of the client : What specific intervention strategies (skills, knowledge, etc.) did you use to address this client situation?

Discuss the environmental standards related to your agent : Discuss the environmental standards related to your chosen agent? How will these standards decrease the hazards in your local community?

About the current state of mobile technology : You are preparing for a meeting with the firm's Chief Information Officer (CIO) about the current state of mobile technology as part of your MIS infrastructure

What amount would be shown for net cash : In Alp's 2014 statement of cash flows, what amount would be shown for net cash used in investing activities?

Dispute with the owner be arbitrated separately : As a design or engineering professional, would you prefer that any dispute with the owner be arbitrated separately or together with the contractor’s claim

A description of the community you selected : A competent and successful social work policy practitioner is able to meld these skills. This is of particular necessity when the goal is social change.

Characteristics of each form of leadership : Provide one or more examples to support the definition or characteristics of each form of leadership.

How items should disclosed in hoffman statement of cash flow : Write a brief explanation of how each of the items above should be disclosed in Hoffman's statement of cash flows for 2014.

User Account

All Pages