In preparation for developing its statement of cash flows for the year ended December 31, 2013, Millennium Solutions, Inc., collected the following information: Required:
1. In Millennium's statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2013?
2. In Millennium's statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2013?

Question

In preparation for developing its statement of cash flows for the year ended December 31, 2013, Millennium Solutions, Inc., collected the following information:  Required:
1. In Millennium's statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2013?
2. In Millennium's statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2013?

Quizplus · Accepted Answer

The Answer of In preparation for developing its statement of cash flows for the year ended December 31, 2013, Millennium Solutions, Inc., collected the following information:  Required:
1. In Millennium's statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2013?
2. In Millennium's statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2013?

In Preparation for Developing Its Statement of Cash Flows for the Year