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Why is this wrong? Agee Technology Inc. issued 9% bonds, dated January 1, with a face amount of $400 million on July1.2018, at a p
Why is this wrong? Agee Technology Inc. issued 9% bonds, dated January 1, with a face amount of $400 million on July1.2018, at a p ce of S380 million. For bonds of similar nsk and maturity, the market yield is 10% Interest is paid semiannually on June 30 and December 31. Whet would be the amountis) related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2018, if it uses the indirect method? (List any cash outflows with a minus sign. Enter your answers in millions (i.e, 10 should be entered as 10).) 3 Answer is complete but not entirely correct 380 Cash infiow from financing activities Cash infiow from financing activiies
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