Question: Using financial statement data to determine cash flow from financing activities The following information pertaining to financing activities is available for Rebel Company for 2007:

Using financial statement data to determine cash flow from financing activities The following information pertaining to financing activities is available for Rebel Company for 2007:

Other Information 1. Dividends paid during the period amounted to $30,000.
2. No new funds were borrowed during the period.
Required

a. Compute the net cash flow from financing activities for 2007.

b. Prepare the cash flow from financing activities section of the statement of cash flows.

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