Business
Business, 05.05.2020 17:36, dondre54

Novak Corporation had the following activities in 2017. 1. Sale of land $167,000 4. Purchase of equipment $378,000 2. Purchase of inventory $904,000 5. Issuance of common stock $345,000 3. Purchase of treasury stock $68,000 6. Purchase of available-for-sale debt securities $53,000 Compute the amount Novak should report as net cash provided (used) by investing activities in its 2017 statement of cash flows.

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Novak Corporation had the following activities in 2017. 1. Sale of land $167,000 4. Purchase of equi...

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