a. Net income was $465,000. b. Issued common stock for $71,000 cash. c. Paid cash dividend...

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a. Net income was $465,000. b. Issued common stock for $71,000 cash. c. Paid cash dividend of $18,000. d. Paid $120,000 cash to settle a long-term notes payable at its $120,000 maturity value. e. Paid $120,000 cash to acquire its treasury stock. f. Purchased equipment for $94,000 cash. Use the above information to determine cash flows from financing activities. Note: Amounts to be deducted should be Indicated with a minus sign. Statement of Cash Flows (partial) Cash flows from financing activities a. Net income was $465,000. b. Issued common stock for $71,000 cash. c. Paid cash dividend of $18,000. d. Paid $120,000 cash to settle a long-term notes payable at its $120,000 maturity value. e. Paid $120,000 cash to acquire its treasury stock. f. Purchased equipment for $94,000 cash. Use the above information to determine cash flows from financing activities. Note: Amounts to be deducted should be Indicated with a minus sign. Statement of Cash Flows (partial) Cash flows from financing activities

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To determine the cash flows from financing activities we need to identify th... View the full answer