Question: COMPUTING NET CASH FLOW FROM FINANCING ACTIVITIES Hebert Company reported the following information for 2009: Repaid long-term debt $30,000 Paid interest on note payable 1,200

COMPUTING NET CASH FLOW FROM FINANCING ACTIVITIES 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.

Cornerstone Exercise

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