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Mobile Video Systems sold land, investments, and issued their own common stock for $10 million, $16 million, and $21 million, respectively. Mobile Video also purchased
Mobile Video Systems sold land, investments, and issued their own common stock for $10 million, $16 million, and $21 million, respectively. Mobile Video also purchased treasury stock, equipment, and a patent for $1 million, $3 million, and $5 million, respectively.
a. What amount should the company report as net cash flows from investing activities
b. What amount should the company report as net cash flows from financing activities?
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