Indicate the effect, if any, that each separate transaction has on financing cash flows. Note: Select
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Question:
Indicate the effect, if any, that each separate transaction has on financing cash flows.
Note: Select No Effect" if there is no effect.
a Longterm notes payable with a carrying value of $ are retired for $ cash, resulting in a $ loss.
b Paid cash dividends of $ to common stockholders.
c Acquired $ worth of machinery in exchange for common stock.
tableItemsAmount,tableEffect on financingcash flowsa Longterm notes payable,,b Dividends,,c Machinery,,
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