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Selected Information from Regan Ltd Based on the Above Information, the Cash Provided by Investing

question 68

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Selected information from Regan Ltd.'s 2020 accounting records is as follows:  Proceeds from sale of land.$300,000Proceeds from long-term borrowings. 400,000 Purchase of plant assets. 280,000 Purchase of inventories. 850,000 Proceeds from issuance of common shares. 300,000\begin{array}{llr} \text { Proceeds from sale of land.} &\$300,000\\ \text {Proceeds from long-term borrowings. } &400,000\\ \text { Purchase of plant assets. } &280,000\\ \text { Purchase of inventories. } &850,000\\ \text { Proceeds from issuance of common shares. } &300,000\\\end{array}
Based on the above information, the cash provided by investing activities for calendar 2020 is

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Definitions:

Repay Principal

The process of paying back the original amount of money borrowed, not including interest, from a lender or creditor.

Paying Wages

The process of compensating employees for their labor, typically calculated by the hour, day, or based on output.

Cash Outflow

Money that is spent or transferred out of a business, reducing its cash balance.

Cash Equivalents

Short-term, highly liquid investments such as Treasury bills, commercial paper, and money market funds, that are made solely for the purpose of generating a return on temporarily idle funds.

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