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In preparing a company's statement of cash flows for year just ended the following information is In preparing a company's statement of cash flows for

In preparing a company's statement of cash flows for year just ended the following information is
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In preparing a company's statement of cash flows for the year just ended the following information is available: $ 14,000 $145,000 $126,000 $87,000 Loss on the sale of equipment Purchase of equipment Proceeds from the sale of equipment Repayment of outstanding bonds Purchase of treasury shares Issuance of ordinary shares Purchase of land Increase in accounts receivable during the year Decrease in accounts payable during the year $62,000 $96.000 $115,000 $43,000 $75,000 Net cash flows from financing activities for the year were: a, 206000 of net cash used in financing activities, 6.222000 of net cash used in financing activities. C. 165000 of net cash used in financing activities, d. 130000 of net cash used in financing activities e. 53000 of net cash used in financing activities Ne A company paid cash dividends on its preference shares of $40,000 in the current year when its net profit was $120,000 and its average ordinary shareholders' equity was $640,000. What is the company's return on ordinary shareholders' equity? O a. 13% O b. 12% O c. 12.5% O d. 13.5% O s. 1496 Next page

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