Question
compute cash flows from financing activities under GAAP. Purchase of investments $160 Dividends paid $1,110 Interest paid $310 Additional borrowing from bank$2,350 I think that
compute cash flows from financing activities under GAAP.
- Purchase of investments $160
- Dividends paid $1,110
- Interest paid $310
- Additional borrowing from bank$2,350
I think that the financing activities are paying dividends, paying interest, and borrowing from the bank but I keep coming up with the wrong answer. Can you please show me how to compute the cash flow. Perhaps I'm using the wrong activities.
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Comparative International Accounting
Authors: Christopher Nobes, Robert Parker
13th edition
1292081902, 1292081908, 9781292081960 , 1292081961, 978-1292081908
