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Business, 02.12.2021 21:40 james8781

n preparing its cash flow statement for the year ended December 31, 2021, Red Co. gathered the following data: Gain on sale of land $12,000 Proceeds from sale of land $20,000 Purchase of Blue, Inc., bonds (face value $200,000) $360,000 Amortization of bond discount $4,000 Cash dividends declared $90,000 Cash dividends paid $76,000 Proceeds from sales of Red Co. common stock $150,000 In its December 31, 2021, statement of cash flows, what amount should Red report as net cash outflows from investing activities

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n preparing its cash flow statement for the year ended December 31, 2021, Red Co. gathered the follo...
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