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7 QS 16-14 Computing financing cash flows LO P3 Indicate which of the following has an effect on financing cash flows. (Amounts that decrease cash
7 QS 16-14 Computing financing cash flows LO P3 Indicate which of the following has an effect on financing cash flows. (Amounts that decrease cash should be indicated with a minus sign.) 0.43 points a. Notes payable with a carrying value of $15,000 are retired for $16,000 cash, resulting in a $1,000 loss. b. Paid cash dividends of $11,000 to common stockholders. c. Acquired $20,000 worth of machinery in exchange for common stock. eBook References Effect on financing Items Amount cash flows Notes payable Dividends (1,000) Decrease . (11,000) Decrease b. $ 20,000 No effect c. Machinery
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