According to the Statement of Cash Flows in fiscal year 2020 (ending 1/29/2021), is Dollar General purchasing more property and equipment than it is selling, or selling more property and equipment than it is purchasing?

Question

04-02-2022
Business

contestada

According to the Statement of Cash Flows in fiscal year 2020 (ending 1/29/2021), is Dollar General purchasing more property and equipment than it is selling, or selling more property and equipment than it is purchasing?

Respuesta :

Otras preguntas

Mark each statement if it correctly describes Confucian ideas. A. The secret to leading a good life is good personal character. B. To live well, a person must b

which expression represents y^4-36 in the simplest factored form

As a member of Congress, you vote for a dairy-support bill because it is consistent with your thinking as a liberal Democrat. Political scientists would describ

Joe’s Body Shop charges $25 for parts and $50 per hour to fix the brakes on a car. Kathy’s Body Shop charges $70 for parts and $40 per hour for the same type of

Which issue was at the heart of one of the compromises made between northern and southern states during the Constitutional Convention of 1787? western land clai

can someone show me the steps to this equation. z- 4(2/3) = 2(2/3) it read Z minus four and 2/3 equals two and two thirds just to clear confusion that the 2 a

How did yellow journalism affect public support for U.S. military action in Cuba

what are two things we should be careful about when using adverds

which of the following describes "reserved powers"? A) they are determined only by the president. B) they are shared by the states and nation. C) they belong to

Mr Atkinson has 5 1/4 lb of dry fish food. He will put an equal amount of food into 3 containers. How much fish food will be in each container.

Parrain Parrain · Answer 1 · 2022-02-08T15:38:48+01:00

According to the Statement of Cashflows in this period, they are purchasing more property and equipment than they are selling.

How is it known that they are purchasing more?

When the investing activities section of the Cashflow statement is in negatives, it means that more cash was spent on investing activities than was brought in.

Property and equipment fall under investing activities and as Dollar General has a negative investing activities balance, it means that they bought more property and equipment than they sold.

Find out more on investing activities at https://brainly.com/question/26260878.