Question

During 2019 Pulseflow had Cash Paid for Inventory of $25,000 and they purchased equipment costing $5,000 and furniture costing $10,000. What would their Net Cash Used by Investing Activities be

Answer 1

The net cash used by investing activities by Pulseflow Corporation is $15,000.

Data and Calculations:

Operating Activities:

Inventory = $25,000

Investing Activities:

Equipment = $5,000

Furniture = $10,000

The Investing Activities included the purchase of equipment and furniture.

Thus, the net cash used by investing activities is $15,000 ($5,000 + $10,000).

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