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Required information Exercise 21-13 (Algo) Identifying cash flows from investing activities and financing activities [LO21-5, 21-6] [The following information applies to the questions displayed below.]
Required information Exercise 21-13 (Algo) Identifying cash flows from investing activities and financing activities [LO21-5, 21-6] [The following information applies to the questions displayed below.] In preparation for developing its statement of cash flows for the year ended December 31, 2021, Rapid Pac, Inc., collected the following information: Required: 1. In Rapid Pac's statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021 ? (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.). 2. In Rapid Pac's statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2021? (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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