Laker Company Has Provided the Following Information for Its Most

question 126

Essay

Laker Company has provided the following information for its most recent year of operation:
Cash collected from customers totaled $99,300.
Cash borrowed from banks totaled $42,700.
Cash paid to employees totaled $23,300.
Cash paid for interest totaled $3,100.
Cash received from selling an investment in Husky stock totaled $73,000.
Cash payments to banks for repayment of money borrowed totaled $9,700.
Cash paid for operating expenses totaled $11,200.
Land costing $75,000 was sold for $75,000 cash.
Cash paid for dividend payments to stockholders totaled $7,700.
Calculate Laker's net cash flow from investing activities.

---

Definitions:

Negative Symptoms

Symptoms of some mental health disorders such as schizophrenia, which include the absence or reduction of normal functions, like diminished emotional expression or motivation.

Neurological Abnormalities

Conditions that are marked by structural, biochemical, or electrical abnormalities in the brain, spinal cord, or other nerves.

Consequence

The outcome or result that follows from an action, event, or decision.