Question: Exercise 12-9 Cash flows from financing activities LO P3 . Net income was $477,000. Issued common stock for $75,000 cash. . Paid cash dividend of
Exercise 12-9 Cash flows from financing activities LO P3 . Net income was $477,000. Issued common stock for $75,000 cash. . Paid cash dividend of $13,000. 1. Paid $105,000 cash to settle a note payable at its $105,000 maturity value. e. Paid $116,000 cash to acquire its treasury stock. f. Purchased equipment for $88,000 cash. Jse the above information to determine cash flows from financing activities. (Amounts to be de minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities $ 0
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