Question
Henrique, Inc. is a retail company that sells computers. Henrique, Inc. Pays $23,000 to purchase inventory for cash. It also buys a truck and pays
Henrique, Inc. is a retail company that sells computers.
Henrique, Inc. Pays $23,000 to purchase inventory for cash.
It also buys a truck and pays $52,000.
It pays $24,000 on a long-term liability and $11,000 in cash dividends.
On a statement of cash flows, what should be listed as the cash outflow in connection with financing activities?
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
2nd edition
9780077493677, 78025516, 77493672, 9780077826482, 978-0078025518
