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a. Net income was $469,000. b. Issued common stock for $79,000 cash. c. Paid cash dividend of $14,000. d. Paid $115,000 cash to settle a
a. Net income was $469,000. b. Issued common stock for $79,000 cash. c. Paid cash dividend of $14,000. d. Paid $115,000 cash to settle a note payable at its $115,000 maturity value. e. Paid $118,000 cash to acquire its treasury stock. f. Purchased equipment for $93,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Answer is not complete. Statement of Cash Flows (partial) Cash flows from financing activities 79,000 Issued common stock Paid cash dividend Repaid note payable OOO $ 79,000
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