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a. Net income was $468,000 b. Issued common stock for $75,000 cash c. Paid cash dividend of $15,000 d. Paid $130,000 cash to settle a
a. Net income was $468,000b. Issued common stock for $75,000 cash c. Paid cash dividend of $15,000 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 $87,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign)
Statement of Cash Flows (partial) Cash flows from financing activities
b. Issued common stock for $75,000 cash
c. Paid cash dividend of $15,000
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 $87,000 cash.
Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign)
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