Alcoser Corporation's most recent balance sheet appears below:

Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Cash and cash equivalents $34 $29
Accounts receivable 32 36
Inventory 53 66
Property, plant, and equipment 554 480
Less accumulated depreciation 208 206
Total assets $465 $405

Liabilities and stockholders' equity:
Accounts payable $41 $50
Accrued liabilities 17 16
Income taxes payable 28 30
Bonds payable 217 200
Common stock 75 70
Retained earnings 87 39
Total liabilities and stockholders' equity $465 $405

Net income for the year was $60. Cash dividends were $12. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) investing activities for the year was:

a. $74
b. $(74)
c. $(72)
d. $72

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

The net cash provided by (used in) investing activities for the year was due to the change in the property, plant and equipment. This is

= (480 - 206) - (554 - 208)

= ($72)

Since the difference shows that the balance decreased, it means that it is a cash inflow.

Parrain Parrain · Answer 2 · 2021-12-02T19:42:16+01:00

Based on the difference between the opening and closing balances of the fixed assets, the net cash from investing was b. $(74).

Investing activities include:

Cash transactions relating to fixed assets
Cash transactions relating to the securities of other companies

The cash from investing activities here is the amount spent on new fixed assets which is:

= Closing balance of property, plant and equipment - Opening balance

= 554 - 480

= $74

$74 was spent on equipment so this is a negative cashflow.

In conclusion, cash from investing activities is -$74.

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