n 12 A firm paid dividends of $10,000, paid interest of $20,000, reduced debt principal outstanding (paid off debt) in the amount of $100,000, and sold new stock for $150,000. What was the firm's cash flow from financing activities d out of question Select one: a. -$280,000 ($280,000 flowed out of the firm) b. +$280,000 ($280,000 flowed into the firm) C. +$20,000 ($20,000 flowed into the firm) O d. -$20,000 ($20,000 flowed out of the firm) Lion 13 Gross profit is equal to et ered ed out of Select one: O a. sales - cost of goods sold O b. profits plus depreciation ag question O C. revenues - expenses d. earnings before taxes minus taxes payable ion 14 We should report Dividends as:- t red d out of Select one: a. investment activity-outflow O b. financing activity-inflow c. financing activity-outflow ag