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1. What is the amount of his cash flow from financing activities? 2. how much stock did he re-purchase in 2020 Jack Klompus Inc. had
1. What is the amount of his cash flow from financing activities?
Jack Klompus Inc. had $97,000 in cash at the end of 2019. At year-end 2020, the company had $177,000 in cash. Cash flow from operating activities totaled $1,003,000 and cash flow from long-term investing activities totaled -$930,000. (4 points) a. What is was the amount of Jack Klompus' cash flow from financing activities? b. Jack Klompus Inc. issued $150,000 in long-term debt in the form of bonds to fund new projects, increase liquidity, and buy back some common stock. If dividends paid to common stockholders equaled $30,000, how much common stock did Jack Klompus Inc. repurchase in 2020 2. how much stock did he re-purchase in 2020
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