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A company reports the following information for year 1: Sale of equipment 80,000 Dividends received 23,000 Dividends paid 7,000 Issuance of common stock 31,000 Issuance
A company reports the following information for year 1:
| Sale of equipment | 80,000 |
| Dividends received | 23,000 |
| Dividends paid | 7,000 |
| Issuance of common stock | 31,000 |
| Issuance of 5-year note to customer | 18,000 |
| Issuance of company bonds | 104,000 |
What is the company's net cash flow from financing activities?
- A.
249,000
- B.
169,000
- C.
151,000
- D.
128,000
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Management Accounting
Authors: Anthony A Atkinson, Robert S Kaplan
5th Edition
136005314, 978-0136005315
