Question: QS 16-16 (Algo) Computing cash flows from financing LO P3 Cash received from long-term notes payable $ 35,000 Purchase of investments 8.800 Cash dividends

QS 16-16 (Algo) Computing cash flows from financing LO P3 Cash received

QS 16-16 (Algo) Computing cash flows from financing LO P3 Cash received from long-term notes payable $ 35,000 Purchase of investments 8.800 Cash dividends paid 28,200 Interest paid 14,100 Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.) Financing Activities Cash received from long-term notes payable Cash dividends paid S 35,000 (28,200) 6,800

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!