QUESTION 4
Print Fast, Inc. disclosed the following items:
Issuance of additional shares $70,000
Purchase of land 50,000
Payment of cash dividends 25,000
Sale of equipment 10,000
How much is cash flow from financing activities?
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$95,000 inflow |
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$85,000 outflow |
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$45,000 inflow |
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None of the above |
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QUESTION 4 Print Fast, Inc. disclosed the following items: Issuance of additional shares $70,000 &nbs
. Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $24,000 Cash paid for dividends, $6,800 Cash dividends received, $4,800 Cash proceeds from bank loan $37,000 Cash purchase of treasury stock, $15,000 Cash paid for equipment purchase, $31.000 Cash received from issuance of common stock, $41,000 Cash received from sale of land with a $36,000 book value, $28,200 Acquisition of land costing $55,000 in exchange for preferred stock issuance. Payment of...
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