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Trident Manufacturing Company's treasurer identified the following cash flows during this year as significant. The company repaid existing debt of $5 million, while raising additional
Trident Manufacturing Company's treasurer identified the following cash flows during this year as significant. The company repaid existing debt of $5 million, while raising additional debt capital of $75 million. It also repurchased stock in the open markets for a total of $20 million and paid $25 million dividends to its shareholders. What is the net cash provided by (used in) financing activities? (net cash provided by financing are positive cash flows, and net cash used in financing are negative cash flows).
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