Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. skysong, inc. issued 16400 shares of $1 par common

Skysong, Inc. issued 16400 shares of $1 par common stock for $40 per share during...

80.2K

Verified Solution

Question

Accounting

Skysong, Inc. issued 16400 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $39000 and issued long-term notes payable of $361000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

The cash flows for a project are as follows 1 000 000 500 000 400...

Basic Math
1.2K views

A group of friends will go on a weekend camping trip and split the cost...

Algebra
1.2K views

10x 15x 0 Sovle by factoring 6

Algebra
1.2K views

In a family of four children what is the expected number of boys Boys Probability...

Algebra
1.2K views

Use the graph of f to draw the graph of its inverse function.Choose the correct...

Accounting
1.2K views

Compute bond value for the following: An investor has 2 bonds in his portfolio that...

Accounting
1.2K views

Old MathJax webview is urgent. no excel solution. if...

Accounting
1.2K views

What key challenge faced by companies in the mortgage lending business, for example Housing...

Accounting
1.2K views

Electro Company budgets production of 610,000 electric panels in the second quarter and 680,000 electric...

Accounting
1.2K views

Mariya Company uses a job-order costing system and applies manufacturing overhead cost to jobs on...

Accounting
1.2K views

Use this information about Carmelita Inc. to answer the question that follows. Carmelita Inc. has...

Accounting
1.2K views

Why is the distinction between variable and fixed costs important when making special orders, further...