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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 Issued stock
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
Issued stock dividends of $12,000
What is the net cash flow from their financing activities?
($5,000)
$20,000
$3,000
$15,000
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