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
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