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During 2014, North Dakota Company issued $1,000,000 in long-term bonds at 94, repaid $150,000 of bonds at face value, paid interest of $80,000, and paid
During 2014, North Dakota Company issued $1,000,000 in long-term bonds at 94, repaid $150,000 of bonds at face value, paid interest of $80,000, and paid dividends of $50,000.
Prepare the cash flows from the financing activities section of the statement of cash flows. Use the minus sign to indicate cash outflows or a decrease in cash.
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