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Sheridan Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During the year Sheridan had repaid existing debt of
Sheridan Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During the year Sheridan had repaid existing debt of $315,200 and raised additional debt capital of $648,100. It also repurchased stock in the open market for a total of $45,270. What is the net cash provided by financing activities? (If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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