2. In Rapid Pac's statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2021? (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 from Financing Activities: Proceeds from the sale of treasury stock Repayment of bonds Fair value of shares issued in a stock dividend Net cash inflows (outflows) from financing activities 0.0 %24

2. In Rapid Pac's statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2021? (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 from Financing Activities: Proceeds from the sale of treasury stock Repayment of bonds Fair value of shares issued in a stock dividend Net cash inflows (outflows) from financing activities 0.0 %24

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 14PA: Use the following excerpts from Victrolia Companys financial information to prepare a statement of...

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Question

2. In Rapid Pac's statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2021? (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 from Financing Activities:
Proceeds from the sale of treasury stock
Repayment of bonds
Fair value of shares issued in a stock dividend
Net cash inflows (outflows) from financing activities
0.0
%24

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Required:1. In Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021? (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).)
2. In Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2021? (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).)
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