Three years ago, James Company purchased stock in Zebra Inc. at a cost of $100,000.This stock was sold for $150,000 during the current fiscal year.

Answer will be D. $150,000 should be added in Investing Activities as that is the inflow of Cash. And also the profit of $50,000 should be reduced from Operating Activities.

d. $150,000.

 

Cash Inflow would be $150,000, although Profit is $50,000

150000 Is correct option if the nature of stock was not for daily resale inventory of business. otherwise decrease in inventory should be added to operating activity.

150,000 dollars........................................

Cash inflow $150k should be reported under investing activities this year and profit on sale of investment $50k should be deducted from net profit to show the clear cash flow from operating activities..

Answer is D. The cash inflow of $150,000.00 should be reflected in the investing section of the Cash Flow Statement.

Correct answer is ( B )150000$

Cash inflow with rupees150000 outflow of cash has already been recorded3 year ago with rupees one lac.

d. $150,000. should be shown in the Investing Activities Section of James’ Statement of Cash Flows

D...............................................................................

answer is150,000.00 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>