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Narrow Inc. paid $5,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $7,000 in dividends on its common stock. It received $2,000
Narrow Inc. paid $5,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $7,000 in dividends on its common stock. It received $2,000 interest income. Arrow would report cash outflows from activities, as follows: (Points : 4) Operating, $5,000; financing $17,000. Operating, $15,000; financing $7,000. Operating, $22,000; financing $0. Operating, $12,000; financing $6,000
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