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Brief Exercise 11-9 Calculate net cash flows from financing activities (LO3) Creative Sound Systems sold investments, land, and its own common stock for $37 million,
Brief Exercise 11-9 Calculate net cash flows from financing activities (LO3) Creative Sound Systems sold investments, land, and its own common stock for $37 million, $151 million, and $41.4 million, respectively Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.7 million, $25.7 million, and $12.7 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities? (Enter your answers in millions. List cash outflows as negative amounts. Round your answers to 1 decimal place.) CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from financing activities Net cash flows from financing activitiesBrief Exercise 11-8 Calculate net cash flows from investing activities (L03,) Creative Sound Systems sold investments, land, and its own common stock for $34 million, $14.6 million, and $39.2 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.6 million, $24.6 million, and $11.6 million, respectively. What amount should the company report as net cash flows from investing activities? (Enter your answers in millions rounded to one decimal places. List cash outflows as negative amounts.) CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from investing activities Net cash flows from investing activities $ 0.0
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