Question - calculate net cash flows from financing


Question - Calculate net cash flows from financing activities

Creative Sound Systems sold investments, land, and its own common stock for $32 million, $15.2 million, and $40.4 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.2 million, $25.2 million, and $12.2 million, respectively.

What amount should Creative Sound Systems report as net cash flows from financing activities?

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Accounting Basics: Question - calculate net cash flows from financing
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