Kutcher Systems sold land, investments, and issued their own common stock for $11 million, $16 million,...

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Kutcher Systems sold land, investments, and issued their own common stock for $11 million, $16 million, and $21 million, respectively. Kutcher also purchased treasury stock, equipment, and a patent for $1 million, $2 million, and $5 million, respectively. Required: 1. What amount should the company report as net cash flows from investing activities? 2. What amount should the company report as net cash flows from financing activities? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What amount should the company report as net cash flows from investing activities? (Negative value should be indicated by a minus sign. Enter your answer in millions.) Net cash flow from investing activities million < Required 1 Required 2 > Kutcher Systems sold land, investments, and issued their own common stock for $11 million, $16 million, and $21 million, respectively. Kutcher also purchased treasury stock, equipment, and a patent for $1 million, $2 million, and $5 million, respectively. Required: 1. What amount should the company report as net cash flows from investing activities? 2. What amount should the company report as net cash flows from financing activities? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What amount should the company report as net cash flows from investing activities? (Negative value should be indicated by a minus sign. Enter your answer in millions.) Net cash flow from investing activities million < Required 1 Required 2 >

Answer rating: 100% (QA)

1 Calculation of net cashflow from investing activity Sale of land 11 Sale of investment ... View the full answer