Flow Company has provided the following information for the year ended December 31, 2022: Cash...
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Flow Company has provided the following information for the year ended December 31, 2022: • Cash paid for interest, $19,500 • Cash paid for dividends, $7,100 . Cash dividends received, $5,100 • Cash proceeds from bank loan, $28,000 . Cash purchase of treasury stock, $10,500 Cash paid for equipment purchase, $26,500 . Cash received from issuance of common stock, $36,500 Cash received from sale of land with a $31,500 book value, $24,600 Acquisition of land costing $50,500 in exchange for preferred stock issuance Payment of a $155,000 note payable by exchanging used machinery with a $76,500 book value and $155,000 fair value. How much was Flow's net cash flow from financing activities? . . . Flow Company has provided the following information for the year ended December 31, 2022: • Cash paid for interest, $19,500 • Cash paid for dividends, $7,100 . Cash dividends received, $5,100 • Cash proceeds from bank loan, $28,000 . Cash purchase of treasury stock, $10,500 Cash paid for equipment purchase, $26,500 . Cash received from issuance of common stock, $36,500 Cash received from sale of land with a $31,500 book value, $24,600 Acquisition of land costing $50,500 in exchange for preferred stock issuance Payment of a $155,000 note payable by exchanging used machinery with a $76,500 book value and $155,000 fair value. How much was Flow's net cash flow from financing activities? . . .
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To calculate the net cash flow from financing activities we need to sum up all the cash flows relate... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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