Business, 19.04.2021 15:40 djennings8055

In preparation for developing its statement of cash flows for the year ended December 31, 2021, Millennium Solutions, Inc. collected the following information: ($ in millions) Payment for the early extinguishments of long-term notes (book value: $96.0 million) $100.0
Sale of common shares 252.0
Retirement of common shares 141.0
Loss on sale of equipment 3.9
Proceeds from sale of equipment 15.6
Issuance of short-term note payable for cash 29.0
Acquisition of building for cash 16.5
Purchase of marketable securities (not a cash equivalent) 24.0
Purchase of marketable securities (considered a cash equivalent) 20.0
Cash payment for 3-year insurance policy 22.0
Collection of note receivable with interest (principal amount, $30) 32.0
Declaration of cash dividends 70.0
Distribution of cash dividends declared in 2020 67.0

Required:
a. In Millennium’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021?
b. In Millennium’s statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2021?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 07:10

1. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount of unearned interest. 2. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount necessary to pay off the loan. ! i entered 967.82 for question 1 and 5,455.78 for question 2 and it said it was

Answers: 3

Answer

Business, 22.06.2019 16:20

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve

Answers: 1

Answer

Business, 22.06.2019 19:00

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?

Answers: 1

Answer

Business, 22.06.2019 19:20

Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale

Answers: 1

Answer

You know the right answer?

In preparation for developing its statement of cash flows for the year ended December 31, 2021, Mill...

Questions