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Posted on Jun 07, 2024

Rainbow Corporation borrowed $ 2 8 , 0 0 0 , issued common stock of $ 1 1 , 0 0 0 , and paid

Rainbow Corporation borrowed $

28, 000,

issued common stock of $

11, 000,

and paid dividends of $

22, 000 .

What was Rainbow Corporation's net cash provided or used by financing activities?

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