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Brief Exercise 11-8 Calculate net cash flows from investing activities (LO11-4) Creative Sound Systems sold investments, land and its own common stock for $20 million
Brief Exercise 11-8 Calculate net cash flows from investing activities (LO11-4) Creative Sound Systems sold investments, land and its own common stock for $20 million $147 million and $394 million respectively Creative Sound System so purchased tre stock equipment and a patent for $20 million $247 million, and $17 monrespectively What amount should the company report as net cash flows from investing acte? (list cash outflows and any decrease in cash as reptive amounts. Round your answers to 1 decimal place. Enter your answers in milion e. 540.400.000 should be entered as 10:01 CREATIVE SOUND SYSTEMS Statement of Cash Flows para Cashoutonning active of common Rock 304 Purchase tryck 201 Not fous fon ve V Brief Exercise 11-11 Calculate net cash flows from financing activities (LO11-5) Creative Sound Systems sold ovestments, and and is own common stock for 20 milion Sion, and $32 mm espectively Creative Sound Systems diopachased trasy stock qucmort, and aptent for $206 min 5746 mond Smilton respectively Wolemount Should Creative Sound Systems reportes et chows from financing IVS List cash outflows and any decrease In cash as negative amounts found your answers to 1 decimal place. Enter your answers in milione S10.100,000 should be entered as 10.1.) Answer is not complete CREATIVE SOUND SYSTEMS Semers of Cash Flows Cash fous from financing activities Sale of investments Sale of and Purchase Purchase aperture 3400 146 QUO O Netcost fows from trading te
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