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Thank you . Given the following cash transactions relating to Weatherford Company, what is the net cash flows from investing activities, using the direct method?
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Given the following cash transactions relating to Weatherford Company, what is the net cash flows from investing activities, using the direct method? Beginning cash balance is $83,600 and ending cash balance is $20,000. Cash received from customers $38,000 Interest received $2,050 Purchase of 100,000 shares of common stock from Definite Company, for cash $100,000 Paid cash for merchandise $30,000 Received $18,700 for selling treasury stock . Received cash for selling old equipment $7,650 . . O $(92,350) O $107.650 O $7,650 O $9.700 O $190,300) Which of these transactions would NOT be part of the cash flows from the financing activities section of the statement of cash flows? Cash received for issuing common stock O Purchasing treasury stock for cash Paying cash dividends to shareholders O Cash payments for notes payable Receipt of cash dividends Step by Step Solution
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