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butler2474
Nov 24, 2007, 06:28 PM
what are the net cash flows (or outflows) from investing activies and financing activities:

Fair value of shares issued as stock dividend 65
Payment for the early extinguishment of long term bonds 102
Proceeds from sale of treasury stock 22
Gain on sale of land 4
Proceeds from sale of land 12
Purchase of Microsoft common stock 160
Declaration of cash dividends 44
Distribution of cash dividends declared in 2005 40