Question
Sheridan Company purchased treasury stock with a cost of $15400 during 2019. During the year, the company paid dividends of $21000 and issued bonds payable
Sheridan Company purchased treasury stock with a cost of $15400 during 2019. During the year, the company paid dividends of $21000 and issued bonds payable for proceeds of $864000. Cash flows from financing activities for 2019 total
|
| $843000 net cash inflow. |
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| $858400 net cash inflow. |
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| $864000 net cash outflow. |
|
| $827600 net cash inflow. |
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
