Question
Selected information from Mills Corporation's accounting records and financial statements for 2016 is as follows Cash received from preferred stock issuance $10,447 Treasury stock purchased
Selected information from Mills Corporation's accounting records and financial statements for 2016 is as follows
Cash received from preferred stock issuance | $10,447 |
Treasury stock purchased for cash (-) | 15,012 |
Proceeds from sale of land and buildings | 49,529 |
Proceeds from the issuance of a bond (+) | 13,837 |
Cash dividend paid | 5,469 |
Cash paid on interest on a bonds payable | 32,934 |
On its statement of cash flows, Mercer should report net cash flows from financing activities of: $______
If a cash inflow, leave as a positive number. If a cash flow, show a negative number with -. For example, if your answer is (1,000), show your answer as-1,000.
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