Carter Containers sold marketable securities, land, and common stock for $37.0 million, $13.0 million, and $35.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $23.0 million, $23.0 million, and $10.2 million, respectively. What amount should Carter report as net cash from investing activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i. e., 5,500,000 should be entered as 5.5).)

$16.8 million

Explanation:

Calculation to determine What amount should Carter report as net cash from investing activities

($ in millions)

Cash Flows from Investing Activities:

Proceeds from sale of marketable securities $37

Proceeds from sale of land $13

Less Purchase of equipment for cash ($23)

Less Purchase of patent for cash($10.2)

Net cash inflows (outflows) from investing activities $16.8

Therefore the amount that Carter should report as net cash from investing activities is $16.8 million

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

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