The following events took place during the year. A firm sold shares for $1,000. The firm later buys back $200 of the stock. The firm received $400 in a bank loan. The firm paid back $100 of the above loan and also paid the bank $25 of interest. The firm paid a dividend of $60. What was total financing cash flows for the year? 

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Answer The total financing cash flow 1040 Determination ... View the full answer