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Two years ago, your company bought $49, 500 in bonds from another company. This month, it sold half of those bonds for $22, 440 and
Two years ago, your company bought $49, 500 in bonds from another company. This month, it sold half of those bonds for $22, 440 and purchased the common stock of another company for $1, 900. On the statement of cash flows for this accounting period, your company would report a net cash: outflow of $22, 440 from investing activities. inflow of $20, 540 from investing activities. outflow of $20, 540 from investing activities. inflow of $22, 440 from investing activities
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