Carla Vista Company increased its investments in marketable securities by $320,370 and paid $1,217,231 for new...

Carla Vista Company increased its investments in marketable securities by $320,370 and paid $1,217,231 for new fixed assets during 2017. The company also repaid $766,200 of existing long-term debt while raising $913,515 of new debt capital. In addition, Carla Vista had a net cash inflow of $339,002 from the sale of fixed assets, and repurchased stock in the open markets for a total of $54,001. What is the net cash used in long term investing activities by Carla Vista? What is the net cash provided by the company’s financing activities?

Investing activities

$

Financing activities

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Expert Solution

What is the net cash used in long term investing activities by Carla Vista=1217231+320370-339002=1198599 (this is cash outflow)

What is the net cash provided by the company’s financing activities=913515-766200-54001=93314 (this is cash inflow)

jeff jeffy answered 2 years ago

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