On December 31, 2023 Martinez Corp. is preparing its year-end cash flow statement. The following activities...

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On December 31, 2023 Martinez Corp. is preparing its year-end cash flow statement. The following activities occurred during the last 12 months: Sold equipment for $13500 that originally cost $26000 Purchased land and a building for $1664000 Issued $2683000 in bonds Repaid $81400 on the mortgage payable Sold $59500 in common shares Declared $10600 in dividends to be paid in January What was the total net cash of the financing activities for the period? On December 31, 2023 Martinez Corp. is preparing its year-end cash flow statement. The following activities occurred during the last 12 months: Sold equipment for $13500 that originally cost $26000 Purchased land and a building for $1664000 Issued $2683000 in bonds Repaid $81400 on the mortgage payable Sold $59500 in common shares Declared $10600 in dividends to be paid in January What was the total net cash of the financing activities for the period?

Answer rating: 100% (QA)

Step 11 Calculation of cash flow from financing activities Cash Flows From Financing ... View the full answer