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Svengool Inc. financial statements included the following amounts for the current year Retired bonds $60,000 Proceeds from collection of note receivable 30,000 Dividends received 11,000
Svengool Inc. financial statements included the following amounts for the current year
Retired bonds $60,000 Proceeds from collection of note receivable 30,000 Dividends received 11,000 Acquired production machinery 59,000 Sold treasury stock 43,000
Based on this information, what is the amount of net cash flows from financing activities? A) $84,000 net inflow B) $103,000 net inflow C) $17,000 net outflow D) $43,000 net outflow
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