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During the year, Company A had the transactions listed below. Cash to retire bonds $6,300 Proceeds from bond issuance 12,060 Proceeds from sale of common
During the year, Company A had the transactions listed below. Cash to retire bonds $6,300 Proceeds from bond issuance 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: a. None of these are correct b. $29,340 c. $(11,520) d. $9,900 e. $11,520
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