Mississauga Mining Co. made a net income of $25 million in 2020, after the deduction...
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Mississauga Mining Co. made a net income of $25 million in 2020, after the deduction of amortization expense of $8 million, interest of $5 million and taxes of $10 million. During 2020, it sold mining equipment for $2 million and bought a new computer system for $3 million. During 2020, it issued new shares for $15 million and used the proceeds to repay loans of $10 million; the remainder went into the banks current account. The cash from or cash used in financing activities was
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