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During the year, a company issues common stock for $55,000 and repays previously borrowed amounts of $78,000. In addition, the company pays dividends of $5,400
During the year, a company issues common stock for $55,000 and repays previously borrowed amounts of $78,000. In addition, the company pays dividends of $5,400 to stockholders. Determine the amount of financing cash flows the company will report in the current year. (Cash outflows should be indicated with a minus sign.)
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