Use the above information to determine cash flows from financing activities. (Amounts to be deducted...
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Accounting
Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
a) Net income was $480,000
b) Issued common stock for $72,000 cash
c) Paid cash dividend of $12,000
d) Paid $110,000 cash to settle a note payable at its $110,000 maturity value
e) Paid $116,000 cash to acquire its treasury stock
f) Purchased equipment for $90,000 cash
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