Business, 28.01.2020 17:43 tmcbroom9385
Yi company began operations on january 1, 2013. during 2013, the company engaged in the following cash transactions:
1) issued stock for $66,000
2) borrowed $38,000 from its bank
3) provided consulting services for $64,000
4) paid back $28,000 of the bank loan
5) paid rent expense for $15,500
6) purchased equipment costing $25,000
7) paid $4,300 dividends to stockholders
8) paid employees' salaries, $34,000
what is yi's net cash flow from investing activities?
a. outflow of $51,300
b. outflow of $25,000
c. inflow of $41,000
d. inflow of $66,000
Answers: 3
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Yi company began operations on january 1, 2013. during 2013, the company engaged in the following ca...
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