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Selected information from Large Corporation's accounting records and financial statements for 2018 is as follows ($ in millions): Cash paid to acquire a patent $52
Selected information from Large Corporation's accounting records and financial statements for 2018 is as follows ($ in millions): Cash paid to acquire a patent $52 Treasury stock purchased for cash Proceeds from sale of land and buildings Gain from the sale of land and buildings 49 81 50 Investment revenue received 17 Cash paid to acquire office equipment 76 Large prepares its financial statements in accordance with IFRS. In its statement of cash flows, Large most likely reports net cash outflows from investing activities of: Multiple Choice $30 million. $52 million 17 Cash paid to acquire office equipment 76 Large prepares its financial statements in accordance with IFRS. In its statement of cash flows, Large most likely reports net cash outflows from investing activities of Multiple Choice $30 million, $52 million $128 million. $62 million
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