Connect .> C Secure ! https://newconnect.mheducation.com/flow/connect.html Ch. 2

Question

Connect .> C Secure ! https://newconnect.mheducation.com/flow/connect.html Ch. 21 - Brief Exercises (60 minutes) Help Save & Exlt Submlt Saved 3 Check my work Brief Exercise 21-10 Financing activities [L021-6] 8.33 points Carter Containers sold marketable securities, land, and common stock for $26.0 million, $16.5 million, and $40.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $13.0 million, $24.5 million, and $12.8 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).) eBook References $ in millions Cash Flows from Financing Activities Net cash inflows (outflows) from financing activities Mc Graw Hill 10 or 12 4.00 PM ^??41 4/29/2018

Explanation / Answer

Cash flow from financing activites :

($ in millions) Cash flow from financing activities Issue Common Stock 40 Purchase treasury stock -13 Net cash flow from financing activities 27

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.