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A company that sells furniture buys inventory and pays cash of $28,000. It also buys a truck and pays $62,000. It pays $29,000 on a
A company that sells furniture buys inventory and pays cash of $28,000. It also buys a truck and pays $62,000. It pays $29,000 on a long-term liability and $15,000 in cash dividends. On a statement of cash flows, what should be listed as the cash outflow in connection with financing activities? a. $15,000 b. $29,000 c. $44,000 d. $72,000
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