Question: (Learning Objective 5: Computing fi nancing cash fl ows) Use the Motorsports of Munich data in Short Exercise 11-9 to compute the following (enter all
(Learning Objective 5: Computing fi nancing cash fl ows) Use the Motorsports of Munich data in Short Exercise 11-9 to compute the following (enter all amounts in thousands):
a. New borrowing or payment of long-term notes payable. Motorsports of Munich had only one long-term note payable transaction during the year.
b. Issuance of share capital or retirement of shares. Motorsports of Munich had only one share capital transaction during the year.
c. Payment of cash dividends (same as dividends declared).
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