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Investing activities Acquisition of fixed assets Sale of fixed assets $205.0 24.0 Total cash flow from investing activities $181.0 Financing activities Retirement of long-term debt
Investing activities Acquisition of fixed assets Sale of fixed assets $205.0 24.0 Total cash flow from investing activities $181.0 Financing activities Retirement of long-term debt Proceeds from long-term debt sales Dividends Repurchase of stock Proceeds from new stock issue $172.0 129.0 96.0 23.0 54.0 Total cash flow from financing activities $108.0 Change in cash (on balance sheet) $25.0 You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $99 million in current taxes and had an interest expense of $49 million. Investing activities Acquisition of fixed assets Sale of fixed assets $205.0 24.0 Total cash flow from investing activities $181.0 Financing activities Retirement of long-term debt Proceeds from long-term debt sales Dividends Repurchase of stock Proceeds from new stock issue $172.0 129.0 96.0 23.0 54.0 Total cash flow from financing activities $108.0 Change in cash (on balance sheet) $25.0 You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $99 million in current taxes and had an interest expense of $49 million
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