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5. In Year 2. Company B has the following information: Decrease in Accounts Payable Proceeds from issuance of stock Payments on loans 25,000 50,000 20,000
5. In Year 2. Company B has the following information: Decrease in Accounts Payable Proceeds from issuance of stock Payments on loans 25,000 50,000 20,000 What amount should Company B report as net cash flow from financing activities in the Year 2 Statement of Cash Flow, assuming no other transactions/accounts? $30,000, cash inflow $30,000, cash outflow $5,000, cash inflow $55,000, cash inflow ! Incorrect Incorrect answer. Proceeds are cash inflow while payments are cash outflow. You may review by returning to the "TGS (Year 2): Preparing the Financing Activities Section of the Statement of Cash Flows" videos
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