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IV. The following data are available for Two-off Company. Increase in accounts payable $120,000 Increase in bonds payable 300,000 Sale of investments 150,000 Issuance of
IV. The following data are available for Two-off Company. Increase in accounts payable $120,000 Increase in bonds payable 300,000 Sale of investments 150,000 Issuance of common stock 160,000 Payment of cash dividends 90,000 Net cash provided by financing activities is: a. $180,000. b. $370,000. c. $360,000. d. $420,000. (include on a separate page the calculations that support your answer)
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