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  1. business
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  3. van auken corporation had $200,000 ini cash on the

Van Auken Corporation had $200,000 ini cash on the balance sheet at the beginning of...

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Accounting

Van Auken Corporation had $200,000 ini cash on the balance sheet at the beginning of the year. At year-end, the company had $155,000in cash. WE know that cash flow from operation actitivities totaled $750,000 and cash flow from long-term investing totales -$2,000.000. Furthermore, Van Auken issued $895,000in long-term deb during the year to fund new projects and increase liquidity. If dividends paid to stockholders equals $225,000, how much common stock did Van Auken issue during the year? (assume that the only financing activities in which Van Auken engaged involved long-term deb, payment of dividends, and common stock)
a)$535,000
b)$625,000
C)$775,000
d)$895,000
e)$980,000

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