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What was cash flow from investing activities of staple ltd

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Reference no: EM132967585

A summary of the entries in the Cash account of Staple Ltd for the month of January was as follows: $

Cash from accounts receivable 40 000

Cash sales 25 000

Dividends received 10 000

Cash from issue of shares 60 000

Payments to accounts payable 30 000

Payments for wages 15 000

Purchase of land 20 000

Payment of dividends 20 000

Purchase of plant 45 000

Payment of taxes 25 000

Payment of interest 10 000

Problem 1: What was the cash flow from investing activities of Staple Ltd?

a. ($5,000)

b. ($45,000)

c. ($65,000)

d. $50,000

Reference no: EM132967585

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