Question
Use the following information for questions Q1 and Q2 . Fleming Company provided the following information on selected transactions during 2018: Dividends paid to preferred
Use the following information for questions Q1 and Q2.
Fleming Company provided the following information on selected transactions during 2018:
Dividends paid to preferred stockholders $ 500,000
Loans made to affiliated corporations 1,400,000
Proceeds from issuing bonds 1,600,000
Proceeds from issuing preferred stock 2,100,000
Proceeds from sale of equipment 900,000
Purchases of inventories 2,400,000
Purchase of land by issuing bonds 600,000
Purchases of treasury stock 2,100,000
Q1. The net cash provided (used) by investing activities during 2018 is $_________
Q2. The net cash provided (used) by financing activities during 2018 is $_________.
If the answer is a decrease dont forget to put the ( ) around the number
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