In preparation for developing its statement of cash flows for the year ended december 31, 2018, millennium solutions, inc. collected the following information: ($ in millions) payment for the early extinguishments of long-term notes (book value: $71.0 million) $ 75.0 sale of common shares 220.0 retirement of common shares 133.0 loss on sale of equipment 3.1 proceeds from sale of equipment 12.4 issuance of short-term note payable for cash 21.0 acquisition of building for cash 12.5 purchase of marketable securities (not a cash equivalent) 16.0 purchase of marketable securities (considered a cash equivalent) 12.0 cash payment for 3-year insurance policy 14.0 collection of note receivable with interest (principal amount, $22) 24.0 declaration of cash dividends 54.0 distribution of cash dividends declared in 2017 51.0 required: 1. in millennium’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2018? 2. in millennium’s statement of cash flows, what were net cash inflows (or outflows) from financing activities for 2018?

cash flow used on financing activities       (18.0)

cash flow generated from investing activies    7.9

Explanation:

cash from financing

Sale of common shares                            220.0

Issuance of short-term note                        21.0

extinguishment of long-term debt             (75.0)

Retirement of common shares                 (133.0)

Cash dividends distributed                        (51.0)  

cash flow used on financing activities       (18.0)

cash from investing

sale of equipment proceeds                             12.4

note receivable  proceeds                               24.0

acquisition of building                                      (12.5)

marketable securities                                      (16.0)  

cash flow generated from investing activies    7.9

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.