Net income was $466,000.
Issued common stock for $73,000 cash.
Paid cash dividend of $17,000...
Business, 17.06.2020 23:57 whitneynicole1
Net income was $466,000.
Issued common stock for $73,000 cash.
Paid cash dividend of $17,000.
Paid $110,000 cash to settle a note payable at its $110,000 maturity value.
Paid $116,000 cash to acquire its treasury stock.
Purchased equipment for $87,000 cash.
Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
Answers: 2
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