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  3. 26 exercise 16-9 cash flows from financing activit

26 Exercise 16-9 Cash flows from financing activities LO P3 3.44 points Swoped a. Net...

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26 Exercise 16-9 Cash flows from financing activities LO P3 3.44 points Swoped a. Net income was $469,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend of $14,000 d. Pald $130,000 cash to settle a note payable at its $130,000 maturity value. e. Paid $118,000 cash to acquire its treasury stock. 1. Purchased equipment for $88,000 cash. eBook Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Hint Statement of Cash Flows (partial) Cash flows from financing activities Ask Print References 0

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