Question: Using the following information, compute cash flow from financing activities. Cash balance, beginning $1,500 Cash paid to purchase inventory 7,800 Cash received from sale of

Using the following information, compute cash flow from financing activities.

Cash balance, beginning $1,500

Cash paid to purchase inventory 7,800

Cash received from sale of a building 5,600

Cash paid for interest 450

Cash paid to repay a loan 1,000

Cash collected from customers 10,000

Cash received from issuance of new shares of common stock 1,200

Cash paid for dividends 780

Cash paid for income taxes 1,320

Cash paid to purchase machinery 1,950

  • Negative $580
  • Negative $1,780
  • Positive $420
  • Negative $30
  • Negative $1,030

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