From the following, calculate net cash flows from financing activities: Payments of dividends ......... $ 16,000 Issuance

Question:

From the following, calculate net cash flows from financing activities:
Payments of dividends ......... $ 16,000
Issuance of ....... 3,000
Issuance of long-term note ....... 17,075

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...