Question

Use the following information to determine this company’s cash flows from financing activities.
a. Net income was $472,000.
b. Issued common stock for $75,000 cash.
c. Paid cash dividend of $13,000.
d. Paid $120,000 cash to settle a note payable at its $120,000 maturity value.
e. Paid $118,000 cash to acquire its treasury stock.
f. Purchased equipment for $92,000 cash.



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  • CreatedDecember 26, 2012
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