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Net income was $473,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $17,000. d. Paid $130, 000 cash to settle a
Net income was $473,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $17,000. d. Paid $130, 000 cash to settle a note payable at its $130, 000 maturity value. e. Paid $125,000 cash to acquire its treasury stock. f. Purchased equipment for $92,000 cash. Use the above information to determine this company's cash flows from financing activities
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