Business, 01.08.2020 02:01 twistedhyperboles
Creative Sound Systems sold investments, land, and its own common stock for $31.0 million, $15.1 million, and $40.2 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.1 million, $25.1 million, and $12.1 million, respectively.
A) What amount should the company report as net cash flows from investing activities?
B) What amount should Creative Sound Systems report as net cash flows from financing activities?
Answers: 2
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Creative Sound Systems sold investments, land, and its own common stock for $31.0 million, $15.1 mil...
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