Question: Example 2 In preparation for developing its statement of cash flows for the year endod Deoember 3 1 , Jear 2 , Rendell, Inc, collected
Example
In preparation for developing its statement of cash flows for the year endod Deoember Jear Rendell, Inc, collected the following information:
tableFar valae of shares hsuod in a stock dnilend,table a millonsPayment for the early extingiblenent of longtenm bonds book valac: $ miliontableProceeds form the sak of treasury stock cost $ milionGain on the sake of tandProceeds from sake of lind,Purchase of Microsoft commoe stock,Dechured eash divilends,Paynket of cash devidends declared in year
Required:
In Rendell's statement of cash flows, what were net carla inflows or outlows from investing activities for Year
In Rendell's statement of cash flows, what were net cash inflows or outflows from financing activities for Year
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