textbook PSCW ExercisesHeSeve &E SuantChece my sntCreative Sound Systems sold invesunents, land, and its own common stock for $320 milion S15.2 milion, and 5404 mionrespectively. Creative Sound Systems also purchased treasury stock equipment and a patent for $212 million $252 milion and$12.2 million, respectivelyWhat amount should the company report as net cash tlows from investing uctivities? (List cosh outflows and eny decrease in cash asnegative amounts. Round your answers to 1 decimal place. Enter your answers in millions (l.e, $10,100.000 should be entered as10.1).)CesCREATIVE SOUND SYSTEMSStatement of Cash Flows (partialCash flows trom investng activitrs252Not cash fovws from nvesting adivities

Cash flow from investing activity includes purchase or sale of investment and fixed assets.

Creative Sound Systems sold invesunents, land, and its own common stock for $320 mon $52 on and 5404on respectively. Creative Sound Systems also purchased breasury stock equpment and a pnt for $212 mlon 5252on and $12.2 million, respectively What amount should the company report as net cash flows ftrom investing activitiesList cesh outiows and eny decresse in cesh as negetive amounts. Round your answers to 1 decimal plece. Enter your anwers in millions e S10.100.000 should be entered as 10.1)) CREATIVE SOUND SYSTEMS Statement of Cash Flows ipartial Cash fiows brom nvestng activits 252 Not cash fows from nvesting adiviles

Creative Sound Systems sold invesunents, land, and its own common stock for $320 mon $52 on and 5404on respectively. Creative Sound Systems also purchased breasury stock equpment and a pnt for $212 mlon 5252on and $12.2 million, respectively What amount should the company report as net cash flows ftrom investing activitiesList cesh outiows and eny decresse in cesh as negetive amounts. Round your answers to 1 decimal plece. Enter your anwers in millions e S10.100.000 should be entered as 10.1)) CREATIVE SOUND SYSTEMS Statement of Cash Flows ipartial Cash fiows brom nvestng activits 252 Not cash fows from nvesting adiviles

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Madison Makeup reported the following on its most recent financial statements (in $ millions). Fill in the highlighted tells. Miscellaneous financial information PP&E at end of this period Cash flows from investing activities other than CAPEX Cash flows from financing activities other than CFs from net debt, net stock, & dividend activity Cash flows from operating activities other than net income, depreciation, & amortization Debt issued Taxes Interest expense SG&A & other indirect expenses Cash flows from activities other than operating, investing, and financing Depreciation Debt repaid Revenue PP&E at end of last period Stock repurchased Amortization Cost of sales Dividends paid Stock issued Nonoperating income (expense) other than interest X Z What did Madison Makeup report as the cash flow from operating activities? What did Madison Makeup report as the cash flow from investing activities? What did Madison Makeup report as the cash flow from financing activities? What did Madison…