What the amount recorded in the investing activities section

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Problem 1: The calculation of free cash flow could include all of the following except

a. Cash purchases of plant assets

c. Net income

b. Net cash flows from operating activities

d. Dividends paid

Problem 2: Moore's Services sold an asset that cost $240,000 and had a book value of $144,000 for $180,000. The amount recorded in the investing activities section for this transaction would be a

a. $180,000 inflow

c. $36,000 inflow

b. $180,000 outflow

d. $36,000 outflow

Reference no: EM132960747

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