a. Net income was $474,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend...

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a. Net income was $474,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $12,000. d. Paid $105,000 cash to settle a long-term notes payable at its $105,000 maturity value. e. Paid $123,000 cash to acquire its treasury stock. f. Purchased equipment for $86,000 cash. Use the above information to determine cash flows from financing activities. Note: Amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows (partial) Cash flows from financing activities $ 0 a. Net income was $474,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $12,000. d. Paid $105,000 cash to settle a long-term notes payable at its $105,000 maturity value. e. Paid $123,000 cash to acquire its treasury stock. f. Purchased equipment for $86,000 cash. Use the above information to determine cash flows from financing activities. Note: Amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows (partial) Cash flows from financing activities $ 0

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Answer Out of the listed transactions only a few affect the cash flow from ... View the full answer