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Ch. 15 - Viatris, Inc has provided you with the following information to help in the preparation of its' statement of cash flows: Loan
Ch. 15 - Viatris, Inc has provided you with the following information to help in the preparation of its' statement of cash flows: Loan repaid to Viatris Dividends Paid Net Income Decrease in Bonds Payable Sold Equipment for Cash Increase in Treasury Stock Sold Common Stock in Pfizer, Inc. Purchase of Equipment 42000 $ 8000 75000 51000 12000 73000 14000 $ 28000 On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities. Based solely on the information above, the net cash provided by (used in) FINANCING activities on the statement of cash flows would be: ($132,000) $303,000 ($171,000) $(92,000)
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Based on the information provided the net cash used in financing activities would be 171000 Heres how we can classify each transaction and why Financi...Get Instant Access to Expert-Tailored Solutions
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