Jaderong Plinkett Stores reported net income of ($25) million. Th e company has no outstanding debt. Using

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Jaderong Plinkett Stores reported net income of \($25\) million. Th e company has no outstanding debt. Using the following information from the comparative balance sheets (in millions), what should the company report in the fi nancing section of the statement of cash fl ows in 2018?image text in transcribed

A . Issuance of common stock of \($42\) million; dividends paid of \($10\) million.
B . Issuance of common stock of \($38\) million; dividends paid of \($10\) million.
C . Issuance of common stock of \($42\) million; dividends paid of \($40\) million.

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International Financial Statement Analysis Workbook

ISBN: 9781119628095

4th Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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