The following 2017 financial information pertains to Koosman Konsulting, established January 1, 2017. 1. Started company by

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The following 2017 financial information pertains to Koosman Konsulting, established January 1, 2017.

1. Started company by selling $250,000 of common stock on January 1, 2017.

2. Invested $100,000 cash in an office building and computer systems in 2017.

3. Generated and collected revenues of $125,000 cash in 2017 by providing consulting services.

4. Paid all $80,000 of expenses in cash in 2017

5. Paid a $10,000 cash dividend in 2017

What were Koosman's cash flows for financing activities in 20177

A $10,000

B $125,000

C $250,000

D $240,000

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Posted Date: Jun 21, 2022 05:08 AM

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The following 2017 financial information pertains to Koosman Konsulting, established January 1, 2017. 1. Started company by

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Financial Accounting

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