You are reviewing the financial statements of Rising Yeast

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You are reviewing the financial statements of Rising Yeast Co

You are reviewing the financial statements of Rising Yeast Co. During 2017, Rising Yeast
purchased two other companies for $17 million. Also during fiscal 2017, Rising Yeast made
capital expenditures of $2 million to expand its market share. During the year, the company sold
operations, receiving cash of $25 million, and experienced a gain of $6 million on the disposal.
Overall, Rising Yeast reported net income of $1 million during 2017. What would you expect the
section for cash flows from investing activities on its statement of cash flows for 2017 to report?
What total amount for net cash provided by (used in) investing activities do you anticipate?

You are reviewing the financial statements of Rising Yeast Co

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