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Two years ago, your company bought $43,500 in bonds from another company. This month, it sold half of those bonds for $21,240 and purchased the
Two years ago, your company bought $43,500 in bonds from another company. This month, it sold half of those bonds for $21,240 and purchased the common stock of another company for $1,300. On the statement of cash flows for this accounting period, your company would report a net cash: outflow of $21,240 from investing activities. outflow of $19,940 from investing activities. inflow of $19,940 from investing activities. inflow of $21,240 from investing activities.
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