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In preparing its cash flow statement for the year ended December 31, 2018, Myer Co. gathered the following data Gain on sale of land
In preparing its cash flow statement for the year ended December 31, 2018, Myer Co. gathered the following data Gain on sale of land Proceeds from sale land Purchase of Lamb, Inc. bonds (face value $400,000) Amortization of bond discount Cash Dividends declared Cash Dividends paid Proceeds from sales of common stock (carrying value $260,000) $24.000 $ 40,000 $720,000 $8,000 $180,000 $152,000 $300,000 In December 31, 2018 statement of cash flows, what amount should Myer report as net cash from financing activities? $80,000 $108,000 $120,000 $148,000 points Saves
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