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During the year, Company A had the transactions listed below. Cash to retire bonds Proceeds from bond issuance $6,300 12,060 Proceeds from sale of
During the year, Company A had the transactions listed below. Cash to retire bonds Proceeds from bond issuance $6,300 12,060 Proceeds from sale of common stock 9,360 Cash to purchase common stock of Company A 3,600 Cash to purchase common stock of Company B 1,620 What amount would the company include in the financing section of the statement of cash flow? Select one: O a. $29,340 b. None of these are correct c. $9,900 d. $11,520 e. $(11,520)
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