Question: Exercise 12-9 Cash flows from financing activities LO P3 Net income was $477,000. Issued common stock for $73,000 cash. Paid cash dividend of $15,000. Paid

Exercise 12-9 Cash flows from financing activities LO P3

  1. Net income was $477,000.
  2. Issued common stock for $73,000 cash.
  3. Paid cash dividend of $15,000.
  4. Paid $125,000 cash to settle a note payable at its $125,000 maturity value.
  5. Paid $116,000 cash to acquire its treasury stock.
  6. Purchased equipment for $94,000 cash.

Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)

Statement Of Cash Flows (partial)

Cash Flows From Financing Activities

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