Question
A company that has issued new common shares for $50 million and repaid debt of $20 million out of the proceeds will have __________. options:
A company that has issued new common shares for $50 million and repaid debt of $20 million out of the proceeds will have __________.
options:
1) a positive flow of cash from financing activities
2) a negative flow of cash from investing activities
3) no net change in cash position a positive flow of cash from investing activities
4) none of these
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
26th edition
128574361X, 978-1305446052, 1305446054, 978-1285743615
