In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered...

 

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In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data: Gain on sale of land $ 12,900 21,800 Proceeds from sale of land Purchase of Black, Inc., bonds (face value $230,000) 363,000 Amortization of bond discount 4,600 Cash dividends declared 98,000 Cash dividends paid 72,000 Proceeds from sales of Green Co. common stock 155,000 In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities? Multiple Choice O $83,000. O $133,000. O $26,000. O $57,000. In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data: Gain on sale of land $ 12,900 21,800 Proceeds from sale of land Purchase of Black, Inc., bonds (face value $230,000) 363,000 Amortization of bond discount 4,600 Cash dividends declared 98,000 Cash dividends paid 72,000 Proceeds from sales of Green Co. common stock 155,000 In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities? Multiple Choice O $83,000. O $133,000. O $26,000. O $57,000.

Answer rating: 100% (QA)

The circulation of cash between a business and its ... View the full answer