Oriole Company recorded the following cash transactions for the year: Paid $252000 for salaries. Paid $71000...
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Oriole Company recorded the following cash transactions for the year: Paid $252000 for salaries. Paid $71000 to purchase equipment. Collected $7300 from the sale of investments. Repaid $45000 of loan principle. Paid $216000 for other operating expenses. Paid $114000 in dividends. Collected $657000 from customers. What was Oriole's net cash provided (used) by financing activities? Oriole Company recorded the following cash transactions for the year: Paid $252000 for salaries. Paid $71000 to purchase equipment. Collected $7300 from the sale of investments. Repaid $45000 of loan principle. Paid $216000 for other operating expenses. Paid $114000 in dividends. Collected $657000 from customers. What was Oriole's net cash provided (used) by financing activities?
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Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Posted Date:
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