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What is Packard Company's net cash flow from financing activities for year 2? Required information The following information applies to the questions displayed below.) Packard

image text in transcribedWhat is Packard Company's net cash flow from financing activities for year 2?
Required information The following information applies to the questions displayed below.) Packard Company engaged in the following transactions during Year 1. Its first year of operations: (Assume all transactions are cash transactions.) 1) Acquired $1,100 cash from the issue of common stock. 2) Borrowed $570 from a bank. 3) Earned $750 of revenues. 4) Paid expenses of $280. 5) Paid a $80 dividend. During Year 2. Packard engaged in the following transactions: (Assume all transactions are cash transactions.) 1) Issued an additional $475 of common stock. 2) Repaid $325 of its debt to the bank. 3) Earned revenues of $900. 4) Incurred expenses of $420. 5) Pald dividends of $130. What Is Packard Company's net cash flow from financing activities for Year 2? Multiple Choice Prey 1 2 3 18 of 18 Next >

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