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What is the cash provided by investing activities for year

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Reference no: EM132733254

The following information on selected cash transactions for 2019 has been provided by Ralph Company:

Proceeds from sale of land   $200000

Proceeds from long-term borrowings $510000

Purchases of plant assets  $170000

Purchases of inventories  $850000

Proceeds from issuance of Raymond common shares  $310000

Problem 1: What is the cash provided (used) by investing activities for the year ended December 31, 2019, as a result of the above information?

Reference no: EM132733254

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