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During the year, a company issues common stock for $60,000 and repays previously borrowed amounts of $80,000. In addition, the company pays dividends of $5,900
During the year, a company issues common stock for $60,000 and repays previously borrowed amounts of $80,000. In addition, the company pays dividends of $5,900 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.) Financing cash flows
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