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During 2018, Element Corporation earned net income of $5.5 billion and paid off $3.0 billion of long-term notes payable. Element raised $1.9 billion by issuing
During 2018, Element Corporation earned net income of $5.5 billion and paid off $3.0 billion of long-term notes payable. Element raised $1.9 billion by issuing common stock, paid $3.8 billion to purchase treasury stock, and paid cash dividends of $1.9 billion. Report Element's cash flows from financing activities on the statement of cash flows for 2018. (Enter amounts in billions. Use parentheses or a minus sign for numbers to be subtracted.) Cash flows from financing activities: Amount (in billions) Net cash used by financing activities
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