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What amount should the company report as net cash flows

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Reference no: EM133171983

Question - Mobile Video Systems sold land, investments, and issued their own common stock for $10 million, $15 million, and $20 million, respectively. Mobile Video also purchased treasury stock, equipment, and a patent for $2 million, $2 million, and $5 million, respectively.

a. What amount should the company report as net cash flows from investing activities?

b. What amount should the company report as net cash flows from financing activities?

Reference no: EM133171983

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