Question
1) Green Co. provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $1,800,000 Proceeds from issuing bonds 3,400,000 Purchases
1) Green Co. provided the following information on selected transactions during 2021:
Purchase of land by issuing bonds $1,800,000
Proceeds from issuing bonds 3,400,000
Purchases of inventory 4,200,000
Purchases of treasury stock 420,000
Dividends paid to common stockholders 310,000
Proceeds from issuing common stock 2,200,000
Proceeds from sale of equipment 375,000
The net cash provided (used) by financing activities during 2021 is?
2) The following information on selected cash transactions for 2021 has been provided by Candy Company:
Proceeds from sale of machinery $350,000
Proceeds from long-term borrowings 482,000
Purchases of plant assets 290,000
Purchases of inventories 840,000
Proceeds from sale of Candy common stock 250,000
What is the cash provided (used) by investing activities for the year ended December 31, 2021, as a result of the above information?
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