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During 2018 , Hoyle Corporation earned net income of $ 5.6 billion and paid off $ 2.3 billion of long-term notes payable. Hoyle raised $
During 2018 , Hoyle Corporation earned net income of $ 5.6 billion and paid off $ 2.3 billion of long-term notes payable. Hoyle raised $ 1.7 billion by issuing common stock, paid $ 4.0 billion to purchase treasury stock, and paid cash dividends of $ 1.2 billion. Report Hoyle '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.)
Amount (in billions) Cash flows from financing activities: Net cash used by financing activities Amount (in billions) Cash flows from financing activities: Net income Payment of dividends Payment of long-term notes payable Proceeds from issuance of common stock Proceeds from long-term notes payable Purchase of treasury stock
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