Question
Selected information from Mill's Corporation's accounting records and financial statements for 2016 is as follows Cash received from preferred stock issuance $11,435 Treasury stock
Selected information from Mill's Corporation's accounting records and financial statements for 2016 is as follows Cash received from preferred stock issuance $11,435 Treasury stock purchased for cash 20,455 Proceeds from sale of land and buildings 48,824 Proceeds from the issuance of a bond 10,023 Cash dividend paid 5,658 Cash paid on interest on a bonds payable 31,517 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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Get StartedRecommended Textbook for
Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
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