Question: Use the below information to determine cash flow financing activities a. Net income was $473,000. b. Issued common stock for $78,000 cash. c. Paid cash
Use the below information to determine cash flow financing activities
a. Net income was $473,000. b. Issued common stock for $78,000 cash. c. Paid cash dividend of $11,000. d. Paid $110,000 cash to settle a long-term notes payable at its $110,000 maturity value. e. Paid $123,000 cash to acquire its treasury stock. f. Purchased equipment for $95,000 cash.
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