Creative Sound Systems sold investments, land, and its own common stock for $33.0 million, $14.7...
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Accounting
Creative Sound Systems sold investments, land, and its own common stock for $33.0 million, $14.7 million, and $39.4 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.7 million, $24.7 million, and $11.7 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities? (Cash outflows should be indicated with a minus sign. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) CREATIVE SOUND SYSTEMS
STATEMENT of CASH FLOWS (partial)
Cash flows from Financial Activities | ||
---|---|---|
Net Cash Flows From Financing activities |
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