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Answer and show your solution oblem 11-8 (AICPA Adapted) Faye Company provided the following data for the current ar. ye eds from sale of equipment
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oblem 11-8 (AICPA Adapted) Faye Company provided the following data for the current ar. ye eds from sale of equipment Proce Purchase of bond investmen Dividend declared 100,000 1,800,000 450,000 380,000 750,000 Dividerds from sale of treasury shares What is the net cash provided by financing activities? a. 200,000 b. 270,000 c. 300,000 d. 370,000 Problem 11-9 (AICPA Adapted) Kollar Company provided the following data for the current year: Purchase of real estate for cash h was borrowed from bank to purchase real estate Sale of investment for cash Dividend paid Issuance of ordinary shares for cash Purchase of patent for cash Payment of bank loan Issuance of bonds payable for cash 5,500,000 5,000,000 6,000,000 2,500,000 1,250,000 1,500,000 3,000,000 L What is the net cash provided by financing activities? a. 5,000,000 b. 3,500,000 c. 4,500,000 d. 5,500,000 2 What is the net cash used in investing activities? a 6,750,000 b. 3,750,000 C. 1,750,000 d. 500,000 259 Step by Step Solution
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