Question
During 2016, T Company engaged in the following activities: Distribution of cash dividends declared in 2015 $75 Fair value of shares issued in a stock
During 2016, T Company engaged in the following activities:
Distribution of cash dividends declared in 2015 $75
Fair value of shares issued in a stock dividend 340
Payment to retire bonds 699
Proceeds from the sale of treasury stock (cost: $82) 94
In T's statement of cash flows, what were net cash outflows from financing activities for 2016?
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
2nd Canadian Edition
0176707123, 978-0176707125
