Question: QS 16-17 (Algo) Computing financing cash outflows LO P3 A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. Assume that all


QS 16-17 (Algo) Computing financing cash outflows LO P3 A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021 ? 2. Assume that no additional notes payable are issued in 2021. What cash amount is paid fo reduce the notes payable balance in 2021? Complete this question by entering your answers in the tabs below. Assume that ala common stock is issued for cash. What amount of cash dividends is paid during 2021 ? 1. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 20217 2. Assume that no odditional notes payable are issued in 2021. What cash amount is paid to reduce the notes payabie bolance in 20217 Complete this question by entering your answers in the tabs below. Assume that no additional notes payable are bsued in 2021. What cash amount is pald to reduce the notes payable baiance in 2021
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