Ans. | CREATIVE SOUND SYSTEMS | |||
Statement of Cash Flows (partial) | ||||
(in millions) | ||||
Cash flow from Financing activities: | ||||
Issuance of common stock | $39.40 | |||
Purchase of treasury stock | -$20.70 | |||
Net cash flows from financing activities | $18.70 | |||
*Purchase or sale of fixed assets and investment transactions are related | ||||
to Investing activities section of cash flow statement. | ||||
125 points Creative Sound Systems sold investments, land, and its own common stock for $33 milion,...
Creative Sound Systems sold investments, land, and its own common stock for $40.0 million, $14.0 million, and $38.0 million. respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.0 million $24.0 million, and $11.0 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. Round your answers to 1 decimal place. Enter your answers in millions (I.e., 510,100,000 should...
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Creative Sound Systems sold investments, land, and its own common stock for $320 million, $14.8 million, and $39.6 million respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.8 million, $24.8 million, and $11.8 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. Round your answers to 1 decimal place. Enter your answers in millions (i.e.,...
Creative Sound Systems sold investments, land, and its own common stock for $40.0 million, $14.0 million, and $38.0 million respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.0 million, $24.0 million, and $11.0 million, respectively. What amount should the company report as net cash flows from investing activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (le, $10,100,000 should be...
6 million, respectively Creative Sound Systems also purchased treasury stack Creative Sound Systems sold investments, land, and its own common stock for $37 million, 514.3 million, and $ equipment, and a patent for $20.3 million, $24.3 million, and $113 milion, respectively What amount should the company report as net cash flows from investing activities? (List cash outflows and any decrease in cash as negative amounts. Enter your answer la millions $10,000,000 should be entered as 10)-) CREATIVE SOUND SYSTEMS Statement...
Creative Sound Systems sold investments, land, and its own common stock for $32.0 million, $15.2 million, and $40.4 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.2 million, $25.2 million, and $12.2 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. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should...
Mobile Video Systems sold land, investments, and issued their own common stock for $11 million, $16 million and $21 million respectively. Mobile Video also purchased treasury stock, equipment, and a patent for $2 million $2 million, and $5 million respectively a. What amount should the company report as net cash flows from investing activities? (Negative value should be indicated by minus sign. Enter your answer in millions.) Net cash flow from investing activities b. What amount should the company report...
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? (List cash outflows and any decrease in cash as negative amounts. Enter your answers in millions (i.e., \(\$ 10,100,000\) should be...
Carter Containers sold marketable securities, land, and common stock for $40.0 million, $13.5 million, and $35.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $10.0 million, $22.5 million, and $14.6 million, respectively. What amount should Carter report as net cash from financing activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) ($ in millions) Cash Flows...
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Carter Containers sold marketable securities, land, and common stock for $41.0 million, $12.5 million, and $40.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $20.5 million, $21.5 million, and $12.6 million, respectively. What amount should Carter report as net cash from investing activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) ($ in millions) Cash Flows...