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Investing and Financing Cash Flows During the current year, Paxon Corporation's long-term investments account (at cost) increased $5. $21,000 loss. Also, its bonds payable account
Investing and Financing Cash Flows During the current year, Paxon Corporation's long-term investments account (at cost) increased $5. $21,000 loss. Also, its bonds payable account decreased $140,000, the net result of issuing $350,000 of bonds at $3 What items and amounts appear in the (a) cash flows from investing activities and (b) cash flows from financing act Use negative signs with answers, when appropriate. Cash flows from investing activities Purchase of stock investments Sale of stock investments Cash flows from financing activities Issuance of bonds Retirement of bonds
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