IU Corp.’s transactions for the year ended December 31, 2021…

Written by Anonymous on June 29, 2026 in Uncategorized with no comments.

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IU Cоrp.'s trаnsаctiоns fоr the yeаr ended December 31, 2021 included the following: Purchased real estate for $1,500,000 cash. Received dividends of $40,000 Sold available-for-sale securities for $1,000,000. Paid dividends of $1,200,000. Issued 500 shares of common stock for $500,000. Purchased machinery and equipment for $250,000 cash. Paid $900,000 toward a bank loan. Reduced accounts receivable by $200,000. Increased accounts payable $400,000. IU Corp.'s net cash used (outflow) in investing activities for 2021 was

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