can you please help me with this? it says all the answers are wrong ...
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can you please help me with this? it says all the answers are wrong
Creative Sound Systems sold investments, land, and its own common stock for $40 million $16 million, and $42 million, respectively Creative Sound Systems also purchased treasury stock, equipment, and a patent for $22 million $26 million and 513 million respectively What amount should Creative Sound Systems report as net cash flows from financing activities? (List cash outflows and any decrease in cash as negative amounts. Enter your answers in millions (ie., $10,100,000 should be entered as 10.1).) CREATIVE SOUND SYSTEMS Statement of Cash Flows partial) Cash flows from financing activities Sale of investments 40.000.000 Sale of land 16.000.000 Purchase equipment (26.000.000) Purchase a patent (13.000.000) $ Net cash flows from financing activities S 17 000 000
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