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Calculate out the appropriate Cash Flow from Financing Rutgers Pizza has the following activities during the quarter: Borrows $12,500 in cash from the bank Pays
Calculate out the appropriate Cash Flow from Financing
Rutgers Pizza has the following activities during the quarter:
- Borrows $12,500 in cash from the bank
- Pays off $4,900 of principal in outstanding loans
- Issues 750 shares of common stock for $15,000 in cash
- Buys back 100 shares of treasury stock for $2,100
- Pays dividends of $1,000 to shareholders
What is Rutgers Pizza'sCash Flow from Financing?
If the Cash Flow from Financing is negative, be sure to input a negative number (i.e. -12345)
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