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Blythe Company Paid $2

Question 106

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Blythe Company paid $2.2 million to purchase stock in another company,$1.0 million to repurchase treasury shares,$.5 million to buy short-term investments,sold used equipment for $.8 million when its book value was $.6 million,and purchased new equipment for $3.4 million.How much will be reported as net cash flow from investing activities?

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To calculate the net cash flow from inve...

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