Question
independent support Inc. issued common stock for $540,000 cash, the company declared and paid cash dividends of $48,000 and purchased treasury stock at a cost
independent support Inc. issued common stock for $540,000 cash, the company declared and paid cash dividends of $48,000 and purchased treasury stock at a cost of $20,000. the financing section of the statement of cash flows will report net cash provided by financing activities of?
a. 492,000
b. 560,000
c. 540,000
d. 472,000
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Cambridge IGCSE And O Level Accounting Coursebook
Authors: Catherine Coucom
2nd Edition
1316502775, 978-1316502778
