1.

Carter Containers sold marketable securities, land, and common stock for $41.0 million, $12.5 million, and $40.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $20.5 million, $21.5 million, and $12.6 million, respectively

What amount should Carter report as net cash from financing activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)

2.

Sunset Acres reported net income of $66.0 million. Included in that number were trademark amortization expense of $2.5 million and a gain on the sale of land of $1.6 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $1.4 million, $2.4 million, and $3.4 million, respectively.

What were Sunsets cash flows from operating activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)

Cash flow from operating activities -

adjustments for noncash effects -

Changes in operating assets and liabilities -

= net cash flow from operating activities -