Question
To prepare its statement of cash flows for the year of 2019, Bothell Inc. had the following information: Gain on sale of land$12,200 Proceeds from
To prepare its statement of cash flows for the year of 2019, Bothell Inc. had the following information:
Gain on sale of land$12,200
Proceeds from sale of land21,100
Purchase of Seattle, Inc., bonds (face value $205,000)363,000
Amortization of bond discount4,700
Cash dividends declared97,000
Cash dividends paid71,000
Proceeds from sales of its own common stock156,000
What is the net cash from financing activities in Bothell's 2019 statement of cash flows?
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
