Question
Cash Flow from Investing Activities & Cash Flow from Financing Activities Smart Company provided the following information on selected transactions during 2022: Dividends paid to
Cash Flow from Investing Activities & Cash Flow from Financing Activities
Smart Company provided the following information on selected transactions during 2022:
Dividends paid to preferred stockholders $ 500,000
Proceeds (cash in) from issuing bonds (To Long Term Creditors) 1,850,000
Proceeds from issuing preferred stock 2,200,000
Proceeds from sale of equipment 1,300,000
Purchases of inventories 1,200,000
Purchase of land by issuing 1,000 shares of stock 250,000
Purchases of treasury stock 1,100,000
The net cash provided (used) by investing activities during 2022 is
The net cash provided (used) by financing activities during 2022 is
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