Selected information from Green Co.'s accounting records and financial statements is as follows: Gain on sale of
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Question:
Selected information from Green Co.'s accounting records and financial statements is as follows:
Gain on sale of land | $ | 12,000 | |
Proceeds from sales to customers | 21,800 | ||
Purchase of Black, Inc. bonds (face amount $205,000) | 367,000 | ||
Amortization of bond discount | 4,800 | ||
Cash dividends declared | 98,000 | ||
Cash dividends paid | 72,000 | ||
Proceeds from sales of Green Co. common stock | 157,000 | ||
What are the net cash flows from financing activities that will be reported in the statement of cash flows? (Enter net cash outflows with a minus sign.)
Related Book For
Advanced Accounting
ISBN: 978-0133451863
12th edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
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