Question: Stevens Studios engaged in the following activities during the year

Stevens Studios engaged in the following activities during the year:
• Borrowed $50,000 from South World Bank
• Declared and paid dividends on common stock of $15,000
• Declared preferred stock dividends of $10,000
• Repaid the $50,000 loan from South World Bank
• Borrowed $100,000 from City Financial Group

Required
Prepare the cash flows provided by financing activities section of Steven Studios' statement of cash flows.


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  • CreatedFebruary 21, 2014
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