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Which of the following should be shown on a statement of cash flows under the financing activities section? Othe payment of cash to retire a
Which of the following should be shown on a statement of cash flows under the financing activities section? Othe payment of cash to retire a long-term note the proceeds from the sale of a building Othe issuance of a long-term note to acquire land Othe purchase of a long-term investment in the common stock of another company The charter of a corporation provides for the issuance of 109,534 shares of common stock. Assume that 39,648 shares were originally issued and 4,509 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared? Select the correct answer. O$79,296 O$70,278 O$219,068 O$9,018 If Larger Company issues 2,300 shares of $7 par value common stock for $39,100, determine the result of the transaction on the accounts. Select the correct answer. OPaid-in Capital in excess of Par Value will be credited for $16,100. Paid-in Capital in excess of Par Value will be credited for $23,000 Cash will be debited for $16,100. OCommon Stock will be credited for $39,100 Land costing $90,973 was sold for $65,399 cash. The loss on the sale was reported on the income statement as other expense. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? Select the correct answer. O$25,574 O$156,372 O$90,973 O$65,399
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