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Mobile video systems sold land investments and issued their

Question - Mobile Video Systems sold land, investments, and issued their own common stock for $11 million, $16 million, and $21 million, respectively. Mobile Video also purchased treasury stock, equipment, and a patent for $2 million, $3 million, and $4 million, respectively.

a. What amount should the company report as net cash flows from investing activities?

b. What amount should the company report as net cash flows from financing activities?

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Accounting Basics: Mobile video systems sold land investments and issued their

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