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v Help Sweet Packard Company engaged in the following transactions during Yearts first year of operation Assume actions we charactions 1) Acquired SL550 cash from
v Help Sweet Packard Company engaged in the following transactions during Yearts first year of operation Assume actions we charactions 1) Acquired SL550 cash from the issue of common stock 2) Borrowed $1020 from a bank 3) Earned $1.250 of revenues. 4 Paid expenses of $370. 5) Paid a $170 dividend. During Year 2. Packard engaged in the following transactions (Assume al transactions are cash ansactions! 1 issued an additional $925 of common stock 2) Repaid $640 of its debt to the bank 3) Earned revenues of $1350 4 incurred expenses of $600 5) Paid dividends of $220 What is the net cash intlow from operating activities that will be reported on Packard's Mement of cash flows for year Mr Choice 50250
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