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1 Norris Company issued 10,000 shares of $1 par common stock for S25 per share during 2010. The company paid dividends of $24,000 and issued
1 Norris Company issued 10,000 shares of $1 par common stock for S25 per share during 2010. The company paid dividends of $24,000 and issued long-term notes payable of $220,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? $6,000 net cash inflow. $225,000 net cash inflow. $470,000 net cash outflow. $446,000 net cash inflow
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