Stansfield AG had the following activities in 2019. 1. Payment of accounts payable 770,000. 2. Issuance of

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Stansfield AG had the following activities in 2019.
1. Payment of accounts payable €770,000.
2. Issuance of ordinary shares €250,000.
3. Payment of dividends €350,000.
4. Collection of note receivable €100,000.
5. Issuance of bonds payable €510,000.
6. Purchase of treasury shares €46,000.
Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2019 statement of cash flows.
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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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