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Use the following to answer questions 21-22: Fleming Company provided the following information on selected transactions during 2018: Dividends paid to preferred stockholders Loans made
Use the following to answer questions 21-22: Fleming Company provided the following information on selected transactions during 2018: Dividends paid to preferred stockholders Loans made to affiliated corporations Proceeds from issuing bonds Proceeds from issuing preferred stock Proceeds from sale of equipment $ 500,000 1,400,000 1,600,000 2,100,000 800,000 2,400,000 600,000 1,200,000 Purchases of inventories Purchase of land by issuing bonds Purchases of treasury stock 21. The net cash provided (used) by investing activities during 2018 is $(1,200,000) A) ) S(600,000). $200,000 C) D) $800,000 22. The net cash provided (used) by financing activities during 2018 is ) S(3,300,000). ) $1,110,000 C) $2,600,000 D) $2,000,000
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