a. Net income was $469,000. b. Issued common stock for $71,000 cash. ...
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Accounting
a. | Net income was $469,000. |
b. | Issued common stock for $71,000 cash. |
c. | Paid cash dividend of $17,000. |
d. | Paid $125,000 cash to settle a note payable at its $125,000 maturity value. |
e. | Paid $118,000 cash to acquire its treasury stock. |
f. | Purchased equipment for $93,000 cash. |
Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) |
Paid cash dividend= purchased treasury stock= repaid note payable= sale of common stock = net cash used in financing activities= |
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