Question
A) Use the following information to answer the next two questions regarding a U.S. firm: Cash paid to acquire operating assets$50 million Cash dividends paid30
A) Use the following information to answer the next two questions regarding a U.S. firm:
Cash paid to acquire operating assets$50 million
Cash dividends paid30 million
Cash received from sale of real estate investment20 million
Loss on sale of real estate investment10 million
Cash received from issuance of bonds payable70 million
Net financing cash inflow for the period is:
Group of answer choices
$50 million
$40 million
$25 million
$70 million
B) Use the following information to answer the next two questions regarding a U.S. firm:
Cash paid to acquire operating assets$50 million
Cash dividends paid30 million
Cash received from sale of real estate investment20 million
Loss on sale of real estate investment10 million
Cash received from issuance of bonds payable70 million
Net investing cash outflow for the period is:
Group of answer choices
$30 million
$40 million
$20 million
$50 million
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Accounting A Pathway Into The World Of Business And Data Analytics
Authors: Carl S. Warren, Jefferson P. Jones, William Tayler
29th Edition
0357899644, 9780357899649
