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Kutcher Systems sold land, investments, and issued their own common stock for $11 million, $16 million, and $20 million, respectively. Kutcher also purchased treasury
Kutcher Systems sold land, investments, and issued their own common stock for $11 million, $16 million, and $20 million, respectively. Kutcher also purchased treasury stock, equipment, and a patent for $2 million, $2 million, and $4 million, respectively. Required: 1. What amount should the company report as net cash flows from investing activities? 2. What amount should the company report as net cash flows from financing activities? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What amount should the company report as net cash flows from investing activities? (Negati minus sign. Enter your answer in millions.) Net cash flow from investing activities million Required 1 Required 2 >
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