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Use the following information to determine cash flows from financing activities: Issued common stock for $40 cash Paid $70 cash to retire a note payable
- Use the following information to determine cash flows from financing activities:
- Issued common stock for $40 cash
- Paid $70 cash to retire a note payable at its maturity
- paid cash dividend of $15
- Paid $5 cash to acquire treasury stock.
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald Hilton, David Platt
10th edition
78025664, 978-0078025662
