Question: In preparing Its cash flow statement for the year ended December 31, 2024, Green Company gathered the following data: Gain on sale of land $

In preparing Its cash flow statement for the year ended December 31, 2024, Green Company gathered the following data: Gain on sale of land $ 12,500 Proceeds from sale of land 21, 200 Purchase of Black, Incorporated bonds (face value $205,000) 363, 000 Decrease in discount on bonds payable 4, 600 Cash dividends declared 99, 000 Cash dividends paid 77,000 Proceeds from sales of Green Company common stock 154, 000 In its December 31, 2024, statement of cash flows, what amount should Green report as net cash from financing activities? Multiple Choice O $158,000 O $77.000 O $22,000 O $55,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
