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The Jarvis Company issued a $22,000 face value interest bearing note with a stated interest rate of 9.2%, and a one-year term. The note was
The Jarvis Company issued a $22,000 face value interest bearing note with a stated interest rate of 9.2%, and a one-year term. The note was issued to the National Bank on August 1, 2011. |
The amount of cash inflow from financing activities on the 12/31/2011 statement of cash flows would be: |
$22,000.
$24,024.
$22,888.
$0.
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