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In preparation for developing its statement of cash flows for the year ended December 31, 2024, Millennium Solutions, Incorporated collected the following information: Payment
In preparation for developing its statement of cash flows for the year ended December 31, 2024, Millennium Solutions, Incorporated collected the following information: Payment for the early extinguishment of long-term notes (book value: $100 million) Sale of common shares Retirement of common shares Loss on sale of equipment Proceeds from sale of equipment Issuance of short-term note payable for cash Acquisition of building for cash Purchase of marketable securities (not a cash equivalent) Purchase of marketable securities (considered a cash equivalent) Cash payment for 3-year insurance policy Collection of note receivable with interest (principal amount, $22) Declaration of cash dividends Distribution of cash dividends declared in 2023 Required: ($ in millions) $108.8 352.8 244.8 4.8 16.8 20.8 14.8 10.8 2.8 6.8 26.8 66.8 60.8 1. Calculate the net cash inflow/outflow from the investing activities of Millennium's statement of cash flows for 2024 2. Calculate the net cash inflow/outflow from the financing activities of Millennium's statement of cash flows for 2024 Note: For all requirements, list any cash outflow with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e.. 5,500,000 should be entered as 5.5). Calculate the net cash inflow/outflow from the investing activities of Millennium's statement of cash flows for 2024. Cash flows from investing activities Net cash flows from investing activities Required 2 > Calculate the net cash inflow/outflow from the financing activities of Millennium's statement of cash flows for 2024. Cash flows from financing activities Net cash flows from financing activities < Required 1 Recatrisa
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