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Required information Exercise 2 1 - 1 3 ( Algo ) Identifying cash flows from investing activities and financing activities [ L 0 2 1
Required information
Exercise Algo Identifying cash flows from investing activities and financing activities L
The following information applies to the questions displayed below.
In preparation for developing its statement of cash flows for the year ended December Rapid Pac, Incorporated,
collected the following information:
Exercise Algo Part
Required:
In Rapid Pac's statement of cash flows, what were net cash inflows or outflows from investing activities for
Note: Cash outflows should be indicated with a minus sign. Enter your answers in millions rounded to decimal place ie
should be entered as
Answer is complete but not entirely correct.
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