Question: with complete solutions, journal entry (if ever) and answer. King Company provided the following information for the current year: 3,000,000 2,500,000 2,000,000 Dividends paid Proceeds
King Company provided the following information for the current year: 3,000,000 2,500,000 2,000,000 Dividends paid Proceeds from issuance of shares Borrowings under a line of credit Proceeds from issuance of convertible bonds Proceeds from sale of building 1,000,000 1,500,000 What is the net cash flows provided by financing activities? 5,500,000 2) 500,000 3 2,500,000 1,500,000
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