Current Attempt in Progress Your answer is incorrect. Last year, Blossom Company increased its investments in marketable securities by $313,370 and paid $1,207,231 for new fixed assets. The company also repaid $766,200 of existing long-term debt while raising $913,325 of new debt capital. In addition, Blossom had a net cash inflow of $332,002 from the sale of fixed assets, and repurchased stock in the open market for a total of $49,501. What is the net cash used in long-term investing activities by Blossom? What is the net cash provided by the company's financing activities? Net cash used in long term investing activities $ Net cash provided by financing activities $

Current Attempt in Progress Your answer is incorrect. Last year, Blossom Company increased its investments in marketable securities by $313,370 and paid $1,207,231 for new fixed assets. The company also repaid $766,200 of existing long-term debt while raising $913,325 of new debt capital. In addition, Blossom had a net cash inflow of $332,002 from the sale of fixed assets, and repurchased stock in the open market for a total of $49,501. What is the net cash used in long-term investing activities by Blossom? What is the net cash provided by the company's financing activities? Net cash used in long term investing activities $ Net cash provided by financing activities $

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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