Question
In 2017 Jordan, Inc. issued a bond for $250,000 cash, issued 1,000 shares of $100 par value preferred stock for $150,000 and repurchased 10,000 shares
In 2017 Jordan, Inc. issued a bond for $250,000 cash, issued 1,000 shares of $100 par value preferred stock for $150,000 and repurchased 10,000 shares of $1 par common stock for $5 per share. What was cash flow from financing activities?
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds
10th Edition
126410068X, 9781264100682
