Question
Blossom Company increased its investments in marketable securities by $321,370 and paid $1,219,231 for new fixed assets during 2017. The company also repaid $790,200 of
Blossom Company increased its investments in marketable securities by $321,370 and paid $1,219,231 for new fixed assets during 2017. The company also repaid $790,200 of existing long-term debt while raising $913,425 of new debt capital. In addition, Blossomhad a net cash inflow of $357,002 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 Blossom? What is the net cash provided by the companys financing activities?(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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