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Business, 01.10.2019 16:10 moneytt2403

Packard company engaged in the following transactions during year 1, its first year of operations. (assume all transactions are cash transactions.) 1) acquired $1,450 cash from the issue of common stock. 2) borrowed $920 from a bank. 3) earned $1,100 of revenues cash. 4) paid expenses of $350. 5) paid a $150 dividend. during year 2, packard engaged in the following transactions. (assume all transactions are cash transactions.) 1) issued an additional $825 of common stock. 2) repaid $570 of its debt to the bank. 3) earned revenues of $1,250 cash. 4) incurred expenses of $560. 5) paid dividends of $200. packard company's net cash flow from financing activities for year 2 is:

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