Qv purchased 30 million in new manufacturing equipment


QV purchased $3.0 million in new manufacturing equipment, resulting in an increase in their monthly depreciation expense of $170,000. They also sold some old equipment for $65,000, and sold $500,000 worth of common stock. Given this information, what would their net cash flows from investing activities be?

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Financial Management: Qv purchased 30 million in new manufacturing equipment
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