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Assume a company had the following transactions: Sold equipment for $15,000 cash Issued common stock for $20,000 cash Paid cash dividends of $5,000 Repurchased
Assume a company had the following transactions: Sold equipment for $15,000 cash Issued common stock for $20,000 cash Paid cash dividends of $5,000 Repurchased stock for $2,000 What is the net cash flow from their financing activities? ($5,000) $7,000 $22,000 $13,000
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