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Investing Activities Carter Containers sold marketable securities, land, and common stock for $40.0 million, $13.5 million, and $35.0 million, respectively. Carter also purchased treasury stock,
Investing Activities
Carter Containers sold marketable securities, land, and common stock for $40.0 million, $13.5 million, and $35.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $10.0 million, $22.5 million, and $14.6 million, respectively what amount should Carter report as net cash from investing activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) ($ in millions) Cash Flows from Investing Activities: Proceeds from sale of land Proceeds from sale of marketable securities urchase of equipment for cash Purchase of patent for cash Net cash inflows (outflows) from investing activities$ 0.0Step by Step Solution
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