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Lindsay Limited Had the Following Transactions During the Year

question 43

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Lindsay Limited had the following transactions during the year:
Proceeds from the sale of land $100,000
Gain on the sale of land $50,000
Proceeds from the issue of common shares $800,000
What was the cash from investing activities?

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Definitions:

Portfolio

A grouping of investment tools like equities, bonds, raw goods, actual cash, and assets similar to cash, which also comprises mutual funds and ETFs.

Joint Probability Distribution

A mathematical description of the likelihood of two events occurring together and at the same point in time.

Car Salespeople

Individuals specialized in selling automobiles, often working at car dealerships.

Joint Probability Distribution

The probability distribution of two or more random variables happening simultaneously and their possible combinations.

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