Question
Creative Sound Systems sold investments, land, and its own common stock for $36 million, $14.4 million, and $38.8 million, respectively. Creative Sound Systems also purchased
Creative Sound Systems sold investments, land, and its own common stock for $36 million, $14.4 million, and $38.8 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.4 million, $24.4 million, and $11.4 million, respectively.
What amount should Creative Sound Systems report as net cash flows from financing activities?
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
21st Edition
978-1259916984
