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Mazaya Company had the following transactions during 2011: Issued R.O.50,000 of par value ordinary shares for cash; Repaid a 6 year note payable in the

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Mazaya Company had the following transactions during 2011: Issued R.O.50,000 of par value ordinary shares for cash; Repaid a 6 year note payable in the amount of R.O.22,000; Acquired land by issuing ordinary shares of par value R.0.100,000.; Declared and paid cash dividend of R.0.2,000; Sold a non-current investment (cost R.0.63,000) for cash of R.0.6,000; Acquired an investment in IBM shares by issuing share of R.0.12,000. What is the net cash provided by financing activities? Select one: a. R.O.(6,000) b.R.O.12,000 c.R.O.26,000 d.R.O.32,000 Asset's cost less accumulated depreciation, refers to: Select one: a. Assets' residual value b. Assets' book value c. Assets depreciation expense per accounting period d. Assets' depreciable cost

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