Use the following information to determine a companys cash flows from financing activities. a. Net income was

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Use the following information to determine a company’s cash flows from financing activities.

a. Net income was $35,000.

b. Issued common stock for $64,000 cash.

c. Paid cash dividend of $14,600.

d. Paid $50,000 cash to settle a bond payable at its $50,000 maturity value.

e. Paid $12,000 cash to acquire its treasury stock.

f. Purchased equipment for $39,000 cash.

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Financial Accounting Information For Decisions

ISBN: 9780073043753

4th Edition

Authors: John J. Wild

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Question Posted: Jul 24, 2024 10:00 AM

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Use the following information to determine a companys cash flows from financing activities. a. Net income was

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Financial Accounting Information For Decisions

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