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  3. 5. last year, olds inc. raised $100,000 from an is

5. Last year, Olds Inc. raised $100,000 from an issue of common shares. The company...

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Accounting

5. Last year, Olds Inc. raised $100,000 from an issue of common shares. The company paid off a long-term loan of $50,000 and issued a new debenture : loan for $250,000. It borrowed $500,000 by way of a mortgage on a build- ing it bought for S750,000. Required Calculate the cash used in or cash from financing activities.

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