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2 Brief Exercise 11-11 Calculate net cash flows from financing activities (LO11-5) 1.33 points Creative Sound Systems sold investments, land, and its own common stock

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2 Brief Exercise 11-11 Calculate net cash flows from financing activities (LO11-5) 1.33 points Creative Sound Systems sold investments, land, and its own common stock for $370 million $14.3 million, and $386 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.3 million $24.3 million, and $11.3 million, respectively, What amount should Creative Sound Systems report as net cash flows from financing activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) BOOK Print References CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from financing activities Net cash flows from financing activities

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