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Required information [ The following information applies to the questions displayed below. ] In preparation for developing its statement of cash flows for the year
Required information
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:
table$ inFair value of shares issued in a stock dividend,milionsPayment for the early extinguishment of longterm bonds book value: $millionProceeds from the sale of treasury stock cost: $ millionGain on sale of land,Proceeds from sale of land,Purchase of Microsoft common stock,Declaration of cash dividends,Distribution of cash dividends declared in
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
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