Walnut Co. reported the following cash flows for 2021: 

Cash paid for interest $415,000; 

cash paid for PPE $2,407,000, 

cash paid on bond $2,720,000, and 

cash received from common stock $1,494,000. 

Based on this information, what will Walnut Co. show as net cash flows from financing activies for 2021?

Answer rating: 100% (QA)

Step 12 Computation of the net cash flows from financing activities for 2021 Amount Pa... View the full answer