Crane's Vegetable Market had the following transactions during 2020: 1. Issued $45000 of par value common...
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Crane's Vegetable Market had the following transactions during 2020: 1. Issued $45000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $21000. 3. Acquired land by issuing common stock of par value $45000. 4. Declared and paid a cash dividend of $6800. 5. Sold a long-term investment (cost $3200) for cash of $6400. 6. Acquired an investment in IBM stock for cash of $9900. What is the net cash provided by financing activities? O $24000 O $61700 O $17200 O $0 Crane's Vegetable Market had the following transactions during 2020: 1. Issued $45000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $21000. 3. Acquired land by issuing common stock of par value $45000. 4. Declared and paid a cash dividend of $6800. 5. Sold a long-term investment (cost $3200) for cash of $6400. 6. Acquired an investment in IBM stock for cash of $9900. What is the net cash provided by financing activities? O $24000 O $61700 O $17200 O $0
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Horngrens Financial and Managerial Accounting The Financial Chapters
ISBN: 978-0134486857
6th edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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