Canadian Beer reported equipment sold for $260 million cash and new equipment purchased $1,534 million...
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Canadian Beer reported equipment sold for $260 million cash and new equipment purchased $1,534 million cash. The equipment sold had a net book value of $188 million. Cash flow from investing activities would show:
An inflow of $260 million and outflow of $188 million.
A net outflow of $1,346 million.
Cash paid for equipment of $1,274 million.
An inflow of $260 million and outflow of $1,534 million.
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