Swifty Corporation had the following activities in 2020. 1. Sale of land $190,000 4. Purchase of equipment $433,000 2. Purchase of inventory $812,000 5. Issuance of common stock $304,000 3. Purchase of treasury stock $72,000 6. Purchase of available-for-sale debt securities $63,000 Compute the amount Swifty should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,000).) Net cash select an option by investing activitie
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Swifty Corporation had the following activities in 2020. 1. Sale of land $190,000 4. Purchase of equ...
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