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Indicate which of the following has an effect on financing cash flows. Notes payable with a carrying value of $19,000 are retired for $22,000 cash,
Indicate which of the following has an effect on financing cash flows. Notes payable with a carrying value of $19,000 are retired for $22,000 cash, resulting in a $3,000 loss. Paid cash dividends of $15,000 to common stockholders. Acquired $24,000 worth of machinery in exchange for common stock.
Ch 12 Homework Ai Saved QS 12-14 Computing financing cash flows LO P3 20 Indicate which of the following has an effect on financing cash flows. points a. Notes payable with a carrying value of $19,000 are retired for $22,000 cash, resulting in a $3,000 loss. b. Paid cash dividends of $15,000 to common stockholders. C. Acquired $24,000 worth of machinery in exchange for common stock. eBook Items Print a. Notes payable Amount Effect on financing cash flows | $ 19,000 Decrease $ 15,000 Decrease No effect b. Dividends References MachineryStep by Step Solution
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