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Business, 05.05.2020 04:09 TeEvalyn9623

Brief Exercise 11-11 Calculate net cash flows from financing activities (LO11-5) 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 $13 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities?

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Brief Exercise 11-11 Calculate net cash flows from financing activities (LO11-5) Creative Sound Syst...
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