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Given the following information about Glamour Shoes Inc. in 20Y1, calculate the Net Cash Provided (Used) in Financing Activities: Accounts payable for the company decreased
Given the following information about Glamour Shoes Inc. in 20Y1, calculate the Net Cash Provided (Used) in Financing Activities: Accounts payable for the company decreased by $60,000 Received $120,000 in cash on the sale of their Bell facility Recorded a gain of $12,000 on sale of Bell facility Declared and paid a cash dividend of $6,000 to shareholders Posted Net Earnings for the period of $30,000 Repaid $15,000 on long term debt taken out 5 years prior Purchased $10,000 worth of stock in Glem Corporation with cash Issued debt during the period with proceeds totaling $150,000 Accounts Receivable for the company increased by $45,000 $129,000 $135,000 $141,000 $159,000
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