Hebert Company reported the following information for 2009 Repaid long term debt $30,000 Paid interest on note payable 1,200 Issued common stock 50,000 Paid dividends 5,000 Required Compute net cash flow from financing activities ...

Cash flow from financing activities Paym ...

Hebert Company reported the following information for 2009: Repaid long-term debt ........... $30,000 Paid interest on note

Question:

Hebert Company reported the following information for 2009:
Repaid long-term debt ........... $30,000
Paid interest on note payable ........ 1,200
Issued ........... 50,000
Paid dividends ............... 5,000

Required:
Compute net cash flow from financing activities.

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...