Question: 2 -Homework Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $473,000 b. Issued common stock for $78,000 cash. c. Paid
2 -Homework Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $473,000 b. Issued common stock for $78,000 cash. c. Paid cash dividend of $12,000 d. Paid $115,000 cash to settle a note payable at its $115,000 maturity value e. Paid $116,000 cash to acquire its treasury stock f. Purchased equipment for $94,000 cesh. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities
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