Question: Cornerstone Exercise 11-21 Determining Net Cash Flow from Financing Activities Hebert Company reported the following information for 2019: Repaid long-term debt $75,000 Paid interest on

Cornerstone Exercise 11-21 Determining Net Cash Flow from Financing Activities Hebert

Cornerstone Exercise 11-21 Determining Net Cash Flow from Financing Activities Hebert Company reported the following information for 2019: Repaid long-term debt $75,000 Paid interest on note payable 1,570 Issued common stock 30,000 Paid dividends 18,000 Required: Compute net cash flow from financing activities. Use a minus sign to indicate negative cash flows (outflows)

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