Question: Exercise 16-9 Cash flows from financing activities LO P3 a. Net Income was $479,000. b. Issued common stock for $71,000 cash. C. Pald cash dividend

Exercise 16-9 Cash flows from financing activities LO P3 a. Net

Income was $479,000. b. Issued common stock for $71,000 cash. C. Pald

Exercise 16-9 Cash flows from financing activities LO P3 a. Net Income was $479,000. b. Issued common stock for $71,000 cash. C. Pald cash dividend of $18,000. d. Pald $125.000 cash to settle a note payable at its $125.000 maturity value. e. Pald $125.000 cash to acquire its treasury stock. f. Purchased equipment for $95.000 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 Cash paid for equipment Issued common stock Net income Paid cash dividend Purchased treasury stock Exercise 16.9 Cash flows from financing activities LO P3 a. Net Income was $479,000. b. Issued common stock for $71.000 cash. C. Pald cash dividend of $18,000. d. Paid $125.000 cash to settle a note payable at its $125.000 maturity value. e. Pald $125.000 cash to acquire its treasury stock. f. Purchased equipment for $95.000 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 Net income Paid cash dividend Purchased treasury stock Repaid note payable Sale of treasury stock

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