During 2021, A-2-Z Design Service's accounting records revealed the company sold equipment, investments, and its own common stock for $33.0 million, $14.7 million, and $39.4 million, respectively. Also during 2021, the company purchased treasury stock, land, and a trademark for $20.7 million, $24.7 million, and $11.7 million, respectively. Compute the company's net cash flows from financing activities. (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) A-2-Z DESIGN SERVICES Statement of Cash Flows (partial) Cash flows from financing activities Net cash flows from financing activities

During 2021, A-2-Z Design Service's accounting records revealed the company sold equipment, investments, and its own common stock for $33.0 million, $14.7 million, and $39.4 million, respectively. Also during 2021, the company purchased treasury stock, land, and a trademark for $20.7 million, $24.7 million, and $11.7 million, respectively. Compute the company's net cash flows from financing activities. (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) A-2-Z DESIGN SERVICES Statement of Cash Flows (partial) Cash flows from financing activities Net cash flows from financing activities

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter3: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 12P

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