The following transactions occurred at Peter Company in 2016. Use this information to compute the company's net

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The following transactions occurred at Peter Company in 2016. Use this information to compute the company's net cash flow from financing activities for the year.
1. The company reacquired as treasury stock 30,000 shares of its outstanding common stock, paying a total of $90,000 for the shares.
2. On November 30, the company borrowed $200,000 from the bank, signing a 90-day, 10 percent note payable.
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Related Book For  answer-question

College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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