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The following data are available for Evergreen Company: Purchase of long-term investment in stock of Pine, Inc. $ 40,000 480,000 80,000 Issuance of common stock
The following data are available for Evergreen Company: Purchase of long-term investment in stock of Pine, Inc. $ 40,000 480,000 80,000 Issuance of common stock Redemption (payment of principal) of bonds payable Proceeds from the sale of equipment Payment of cash dividends 60,000 20,000 Net cash provided by financing activities is: O A. $340,000 B. $400,000 c. $460,000 O D.$380,000
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