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During 2021, A-2-Z Design Service's accounting records revealed the company sold equipment, investments, and its own common stock for $33.0 million, $14.7 million, and $39.4 million, respectively. Also during 2021, the company purchased treasury stock, land, and a trademark for $20.7 million, $24.7 million, and $11.7 million, respectively. Compute the company's 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 be entered as 10.1).) A-2-Z DESIGN SERVICES Statement of Cash Flows (partial) Cash flows from financing activities Net cash flows from financing activities

During 2021, A-2-Z Design Service's accounting records revealed the company sold equipment, investments, and its own common stock for $33.0 million, $14.7 million, and $39.4 million, respectively. Also during 2021, the company purchased treasury stock, land, and a trademark for $20.7 million, $24.7 million, and $11.7 million, respectively. Compute the company's 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 be entered as 10.1).) A-2-Z DESIGN SERVICES Statement of Cash Flows (partial) Cash flows from financing activities Net cash flows from financing activities

FINANCIAL ACCOUNTING
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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During 2021, A-2-Z Design Service's accounting records revealed the company sold equipment, investments, and its own common stock for $33.0 million, $14.7 million, and $39.4 million, respectively. Also during 2021, the company purchased treasury stock, land, and a trademark for $20.7 million, $24.7 million, and $11.7 million, respectively. Compute the company's 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 be entered as 10.1).)* **A-2-Z DESIGN SERVICES** **Statement of Cash Flows (partial)** | **Cash flows from financing activities** | | |-----------------------------------------|---| | | | | | | | | | | | | | | | | **Net cash flows from financing activities** | | (Note: The table represents a partial cash flow statement for A-2-Z Design Services, focusing on financing activities. The task requires listing each activity's cash flow and calculating the net cash flow from these activities.)
Transcribed Image Text:During 2021, A-2-Z Design Service's accounting records revealed the company sold equipment, investments, and its own common stock for $33.0 million, $14.7 million, and $39.4 million, respectively. Also during 2021, the company purchased treasury stock, land, and a trademark for $20.7 million, $24.7 million, and $11.7 million, respectively. Compute the company's 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 be entered as 10.1).)* **A-2-Z DESIGN SERVICES** **Statement of Cash Flows (partial)** | **Cash flows from financing activities** | | |-----------------------------------------|---| | | | | | | | | | | | | | | | | **Net cash flows from financing activities** | | (Note: The table represents a partial cash flow statement for A-2-Z Design Services, focusing on financing activities. The task requires listing each activity's cash flow and calculating the net cash flow from these activities.)
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