Blue Company provided the following information on selected transactions during 2024: Dividends paid to preferred stockholders Loans made to affiliated corporations Proceeds from issuing bonds Proceeds from issuing preferred stock Proceeds from sale of equipment Purchases of inventories 505000 1430000 1580000 2120000 802000 2450000 Purchase of land by issuing bonds Purchases of treasury stock 1250000 The net cash provided (used) by financing activities during 2024 was: $1945000. $2625000. $(3329000). $1157000. 592000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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9

Blue Company provided the following information on selected transactions during 2024:
Dividends paid to preferred stockholders
Loans made to affiliated corporations
Proceeds from issuing bonds
Proceeds from issuing preferred stock
Proceeds from sale of equipment
Purchases of inventories
Purchase of land by issuing bonds
Purchases of treasury stock
The net cash provided (used) by financing activities during 2024 was:
$1945000.
$2625000.
$(3329000).
$1157000.
505000
1430000
1580000
2120000
802000
2450000
592000
1250000
Transcribed Image Text:Blue Company provided the following information on selected transactions during 2024: Dividends paid to preferred stockholders Loans made to affiliated corporations Proceeds from issuing bonds Proceeds from issuing preferred stock Proceeds from sale of equipment Purchases of inventories Purchase of land by issuing bonds Purchases of treasury stock The net cash provided (used) by financing activities during 2024 was: $1945000. $2625000. $(3329000). $1157000. 505000 1430000 1580000 2120000 802000 2450000 592000 1250000
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