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Mazaya Company repurchased its own shares (treasury shares) with a cost of R.0.15,000 during 2011. During the year, the company declared dividends of R0.20,000 and

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Mazaya Company repurchased its own shares (treasury shares) with a cost of R.0.15,000 during 2011. During the year, the company declared dividends of R0.20,000 and issued bonds payable for proceeds of R.0.866,000. Cash flows from financing activities for 2011 total Select one a. R.0.866,000 net cash outflow, b.R.O.861,000 net cash inflow. C.R.O.886,000 net cash inflow. O d.R.O.851.000 net cash inflow

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