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Hyasaki company provided the following information on selected transactions during the 2010: Purchase of land by issuing bonds $200,000 Proceeds from sale of equipment 300,000
Hyasaki company provided the following information on selected transactions during the 2010:
Purchase of land by issuing bonds $200,000
Proceeds from sale of equipment 300,000
Proceeds from issuing bonds 600,000
Purchase of inventories 800,000
Purchase of treasury stock 400,000
Loans made to affiliated companies 500,000
Dividends paid to preferred shareholders 100,000
Proceeds from issuing preferred stock 700,000
The net cash provided (used) by financing activities during 2010 is:
- $800,000
- $500,000
- $300,000
- $(1,100,000)
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