Alcan Inc. takes out a long-term note for $300,000, with which they will purchase a new machine to make aluminum cans. They issued and sold stock for a total of $50,000. Alcan paid cash dividends of $30,000 and sold investments of $70,000. What is Alcan's net cash flow from financing activities? 

$150,000 

$290,000 

$320,000

$450,000

Answer rating: 100% (QA)

To calculate Alcans net cash flow from financing activities we need to consider the cash flows relat... View the full answer