Question
December December 31, 2011 31, 2012 Fixed Assets $125 $125 Accumulated Depreciation $110 $117 Long-term debt $125 $5 Common stock $300 $400 Retained earnings $100
December December
31, 2011 31, 2012
Fixed Assets $125 $125
Accumulated Depreciation $110 $117
Long-term debt $125 $5
Common stock $300 $400
Retained earnings $100 $120
No dividends were declared or paid for the year ending December 31, 2012. What is the net cash flow from financing activities for the year ended December 31, 2012?
The answer should be $20 cash outflow. Please show work
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The Logistics Audit Methods Organization And Practice
Authors: Piotr Buła, Bartosz Niedzielski
1st Edition
1032461268, 978-1032461267
