Selected information from large corporation's accounting records and financial statements for 2013 is as follows ($ in millions): cash paid to acquire a patent $48 treasury stock purchased for cash 45 proceeds from sale of land and buildings 75 gain from the sale of land and buildings 46 investment revenue received 15 cash paid to acquire office equipment 70 large prepares its financial statements in accordance with ifrs. in its statement of cash flows, large most likely reports net cash outflows from investing activities of: a. $28 million. b.$48 million. c.$118 million. d.$58 million.

Net Cash outflow from investing activities = $28 million

Explanation:

Investing activities are the activities in nature to acquire/sell assets, which will generate future economic benefits, and income thereof from such assets.

Out of the above provided information, following are investing activities

Net Cash outflow from investing activities = $48 - $75 - $15 + $70 =  $28 million

Note:

Net Cash outflow from investing activities = $28 million

what are the options

explanation:

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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