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Selected information from a company's accounting records and financial statements for 2021 is as follows ($ in millions): Cash paid to acquire equipment $32 Treasury

Selected information from a company's accounting records and financial statements for 2021 is as follows ($ in millions):

Cash paid to acquire equipment $32
Treasury stock purchased for cash

29

Proceeds from sale of land and buildings 28
Gain from the sale of land and buildings 10
Investment revenue received 39
Cash paid to acquire office equipment 26
Sold marketable equity securities 16

On its statement of cash flows, the company should report net cash flows from investing activities of:

Group of answer choices

$14 million net outflow

$46 million net outflow

$24 million net inflow

$6 million net inflow

'

Selected information from a company's accounting records and financial statements for 2021 is as follows ($ in millions):

Cash paid to retire bonds $33
Proceeds from issuance of mortgage bonds 58
Cash interest paid to bondholders 4
Decrease accounts payable 6
Treasury stock purchased for cash 53
Proceeds from issuance of common stock 44
Cash dividends paid on common stock 6

In its statement of cash flows, the company should report net cash flows from financing activities of:

Group of answer choices

$18 million net inflow

$6 million net inflow

$10 million net inflow

$16 million net outflow

A company reported net income of $68 million. Included in that number were depreciation expense of $2 million and a gain on the sale of equipment of $4 million. Records reveal decreases in accounts receivable and accounts payable of $3 million and $6 million, respectively. And an increase in inventory of $1 million.

What were the company's cash flows from operating activities?

Group of answer choices

$74 million

$72 million

$62 million

$84 million

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