What amount should carter report as net cash from investing

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Question

Carter Containers sold marketable equity securities, land, and common stock for $40.0 million, $13.5 million, and $35.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $10.0 million, $22.5 million, and $14.6 million, respectively.

Required:

What amount should Carter report as net cash from investing activities?

Reference no: EM132403934

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