Additional short-term borrowings $20,000 Purchase of short-term stock investments 5,100
Cash dividends paid $16,400
Interest paid 8,200

Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

Cash provided by the financing activities $3,600

Explanation:

The computation of the cash flows from financing activities is as follows;

Cash flows from financing activities

Additional short-term borrowings $20,000

Less cash dividend paid -$16,400

Cash provided by the financing activities $3,600

The purchase of short term stock should be shown in the investing activities while on the other hand the interest paid is to be shown in the operating activities

answer; buyer guide;

answer///(d)individual rights of a person are integral to analyzing the morality of action;