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a. Net income was $35,000 . b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600 . d. Paid $50,000 cash to
a. Net income was
$35,000
.\ b. Issued common stock for
$64,000
cash.\ c. Paid cash dividend of
$14,600
.\ d. Paid
$50,000
cash to settle a note payable at its
$50,000
maturity value.\ e. Paid
$12,000
cash to acquire its treasury stock.\ f. Purchased equipment for
$39,000
cash.\ Use the above information to determine this company's cash flows from financing activities.\ (Amounts to be deducted should be indicated with a minus sign.)\ \\\\table[[Cash flows from financing activities],[,],[,],[,],[,]]
a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600. d. Paid $50,000 cash to settle a note payable at its $50,000 maturity value. e. Paid $12,000 cash to acquire its treasury stock. f. Purchased equipment for $39,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
a. Net income was
$35,000
.\ b. Issued common stock for
$64,000
cash.\ c. Paid cash dividend of
$14,600
.\ d. Paid
$50,000
cash to settle a note payable at its
$50,000
maturity value.\ e. Paid
$12,000
cash to acquire its treasury stock.\ f. Purchased equipment for
$39,000
cash.\ Use the above information to determine this company's cash flows from financing activities.\ (Amounts to be deducted should be indicated with a minus sign.)\ \\\\table[[Cash flows from financing activities],[,],[,],[,],[,]]
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