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dingo boot company uses the direct method to repare its statement of cash flows. the company had the following cash flows during 2014: cash receipts
dingo boot company uses the direct method to repare its statement of cash flows. the company had the following cash flows during 2014: cash receipts from the issuance of common stock... $400,000 cash receipts from cusomers... $200,000 cash receipts from dividends on long-term investments..... $30,000 cash receipts from payment of loan made to another company ........... $220,000 cash payments for wages and other operating expenses...... $120,000 cash payments for insurance ....... $10,000 cash payments for dividends......... $20,000 cash payments for taxes ........... $40,000 cash payments to purchase land........ $80,000 The net cash provided by (used in) all activities is: a. $580,000 b. $410,000 c. $380,000 d. $(60,000)
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