Question
a. Net income was $466,000. b. Issued common stock for $76,000 cash. c. Paid cash dividend of $17,000. d. Paid $130,000 cash to settle a
| a. | Net income was $466,000. |
| b. | Issued common stock for $76,000 cash. |
| c. | Paid cash dividend of $17,000. |
| d. | Paid $130,000 cash to settle a note payable at its $130,000 maturity value. |
| e. | Paid $122,000 cash to acquire its treasury stock. |
| f. | Purchased equipment for $88,000 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.) |
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Statistics The Exploration & Analysis Of Data
Authors: Roxy Peck, Jay L. Devore
7th Edition
0840058012, 978-0840058010
