25. During the year, Next Tec Corp. had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-term borrowing, $6,000; payment to suppliers, $5,000; payment of dividends, $1,000, payment to workers, $2,000; and payment for machinery, $8,000. What amount would be reported for net financing cash flows on the Statement of Cash Flows? A. B. C. D. $5,000. $2,000. $6,000. ($8,000).
25. During the year, Next Tec Corp. had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-term borrowing, $6,000; payment to suppliers, $5,000; payment of dividends, $1,000, payment to workers, $2,000; and payment for machinery, $8,000. What amount would be reported for net financing cash flows on the Statement of Cash Flows? A. B. C. D. $5,000. $2,000. $6,000. ($8,000).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![25. During the year, Next Tec Corp. had the following cash flows: receipt from customers, $10,000;
receipt from the bank for long-term borrowing, $6,000; payment to suppliers, $5,000; payment
of dividends, $1,000, payment to workers, $2,000; and payment for machinery, $8,000. What
amount would be reported for net financing cash flows on the Statement of Cash Flows?
A.
B.
C.
D.
$5,000.
$2,000.
$6,000.
($8,000).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fee9abd16-de5a-473f-9ef0-b39753a1a4c9%2Ffb067f83-a27b-4418-a3d9-be4a5dcea85a%2F6iql116_processed.png&w=3840&q=75)
Transcribed Image Text:25. During the year, Next Tec Corp. had the following cash flows: receipt from customers, $10,000;
receipt from the bank for long-term borrowing, $6,000; payment to suppliers, $5,000; payment
of dividends, $1,000, payment to workers, $2,000; and payment for machinery, $8,000. What
amount would be reported for net financing cash flows on the Statement of Cash Flows?
A.
B.
C.
D.
$5,000.
$2,000.
$6,000.
($8,000).
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