Jones Corp. reports the following cash flows from investing and financing activities over the past three years
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From the information above, describe the major ways in which Jones used investing and financing cash flows over the last three years.
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2012 2011 2010 Cash flows from investing activities Capital expenditures Sale of investments Purchase of investments Net cash used by investing activities $(803) $(2,768) (752) Cash flows from financing activities Issuance of long-term debt Payment of dividends Purchase of treasury stock Net cash used/provided by financing activities S(50) (1.250) $3,134 $(803) (2,768) S (752) 1,204 (1.204) $3,200 S(50) S (50) (66) (1,200)
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Jones used investing activities mainly for capital expenditures ...View the full answer
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