How much are the net cash flows from investing activities

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Reference no: EM13573166

The following 2009 information relates to Raddatz, Inc.:

Net Income

$365,000

Depreciation Expense

96,000

Amortization of Intangible Assets

11,000

Beginning Accounts Receivable

420,000

Ending Accounts Receivable

439,000

Beginning Inventory

516,000

Ending Inventory

560,000

Beginning Prepaid Expenses

48,000

Ending Prepaid Expenses

42,000

Beginning Accounts Payable

119,000

Ending Accounts Payable

146,000

Purchase of Long-Term Assets for Cash

661,000

Cash from Issuance of Long-Term Debt

200,000

Issuance of Stock for Cash

160,000

Purchase of Treasury Stock

63,000

Sale of Long-Term Investment at Cost

39,000

A. How much are the net cash flows from investing activities? Is it a net source or use of cash?
B. How much are the net cash flows from financing activities? Is it a net source or use of cash?

Reference no: EM13573166

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