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Net income was $35,000. Issued common stock for $64,000 cash. Paid cash dividend of $14,600. Paid $50,000 cash to settle a note payable at its $50,000 maturity value. Paid $12,000 cash to acquire its treasury stock. Purchased equipment for $39,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)

asked
User ZunTzu
by
7.8k points

1 Answer

4 votes

Answer:

- $76,600

Step-by-step explanation:

cash flows from financing activities - $76,600

answered
User Ofer Rahat
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8.5k points
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