During 2016, Northwest Satellite Systems, Inc., purchased two other companies for $13 million in cash. Also during

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During 2016, Northwest Satellite Systems, Inc., purchased two other companies for $13 million in cash. Also during 2016, Northwest made capital expenditures of $11.3 million in cash to expand its market share. During the year, Northwest sold its North American operations, receiving cash of $11.4 million. Overall, Northwest reported a net income of $2.6 million during 2016?
Show what Northwest would report for cash flows from investing activities on its statement of cash flows for 2016. Report a total amount for net cash provided by (used in) investing activities?
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Financial Accounting

ISBN: 978-0134127620

11th edition

Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz

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