Selected financial information for Kristina Company for the year just ended is shown below.

Net income	2.000.000 $
Increase in net receivables	300.000
decrease in inventory	100.000
Increase in accounts payable	200.000
depreciation expense	400.000
Earnings from the sale of available-for-sale securities	700.000
Cash receivable from the issuance of common stock	800.000
Cash paid for dividends	80.000
Cash paid for land acquisition	1.500.000
Cash from the sale of available-for-sale securities	2.800.000

Question

Cash flow from Kristina's financing activities for the year

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Answer rating: 100% (QA)

To calculate cash flow from financing activities we need to con... View the full answer