During 20X5, Imperial Sugar Co. purchased 2 other companies for $180 million. Also during 20X5, Imperial made

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During 20X5, Imperial Sugar Co. purchased 2 other companies for $180 million. Also during 20X5, Imperial made capital expenditures of $45 million to expand its market share. During the year, Imperial sold its South American operations, receiving cash of $110 million. Overall, Imperial reported a net income of $1.4 million during 20X5.
Show what Imperial Sugar Co. would report for cash flows from investing activities on its statement of cash flows for 20X5. Report a total amount for net cash provided by (used for) investing activities.
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Financial Accounting

ISBN: 978-0135012840

7th edition

Authors: Walter T. Harrison, Charles T. Horngren

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