in marketable securities by $318,370 and paid $1,218,231 for new fixed assets during 2017. The company also repaid $776,200 of existing long-term debt while raising $913,575 of new debt capital. In addition, Sheridan had a net cash inflow of $332,002 from the sale of fixed assets, and repurchased stock in the open markets for a total of $52,501. What is the net cash used in long term investing activities by Sheridan? What is the net cash provided by the company’s financing activities? (Enter negative amounts using either a negative sign preceding the number e. g. -45 or parentheses e. g. (45).)

The complete question from the start is "Carla Vista Company increased its investments in marketable securities by $318,370 and paid $1,218,231 for new fixed assets during 2017"

a. Investing activities

+ Proceeds from sales of marketable securities  $318,370

- Purchase of new fixed assets                              $1,218,231

+ Proceeds from sale of fixed assets                     $332,002

Net cash used for investing activities                 -$567,859

Note: The answer is cash outflow

b. Financing activities

- Repayment of long term debt                       $776,200

+ Proceeds from raising new debt capital      $913,575

- Repurchase of stock                                      $52,501

Net cash inflow from financing activities     $84,874

Note: The answer is cash inflow

commercial banking

provide online payment services

provide online banking

asset management firms

invest in people's funds in securities

accept tax return refunds

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