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Item2 10points ItemSkipped eBookReferences Item 2 Brief Exercise 21-9 (Algo) Investing activities [LO21-5] Carter Containers sold marketable equity securities, land, and common stock for $41.0
Item2
10points
ItemSkipped
eBookReferences
Item 2
Brief Exercise 21-9 (Algo) Investing activities [LO21-5]
Carter Containers sold marketable equity securities, land, and common stock for $41.0 million, $12.5 million, and $40.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $20.5 million, $21.5 million, and $12.6 million, respectively. Required: 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).)
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