BE 1 3 . 9 ( LO 4 ) ( Prepare financing activities section. ) Nicoloff Corporation
Fantastic news! We've Found the answer you've been seeking!
Question:
BELO Prepare financing activities section. Nicoloff Corporation reported the following information in thousands at December :Dividends payable$$Bank loan payablecurrent portionBank loan payablenoncurrent portionCommon sharesRetained earningsAdditional information:
The bank loan was increased by additional borrowings of $ to partially finance the purchase of new equipment that cost $ The bank loan was decreased by repayments.Common shares were issued during the year. None were repurchased.The company paid dividends during the year.Net income for the year was $Prepare the financing activities section of Nicoloffs statement of cash flows for the year.
Posted Date: