Question

Use the following information to determine this company’s cash flows from financing activities.
a. Net income was $ 35,000.
b. Issued common stock for $ 64,000 cash.
c. Paid cash dividend of $ 14,600.
d. Paid $ 50,000 cash to settle a note payable at its $ 50,000 maturity value.
e. Paid $ 12,000 cash to acquire its treasury stock.
f. Purchased equipment for $ 39,000 cash.



$1.99
Sales4
Views159
Comments0
  • CreatedNovember 26, 2013
  • Files Included
Post your question
5000