Compute cash flows from financing activities using the below company information. $ 90,000 Cash received from long-term notes payable Cash dividends paid 58,000 29,000 5,000 2,000 50,000 51,000 $9,000 000 Interest paid Cash dividends received Cash receipt from the issuance of common stock

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 6EB: Use the following excerpts from Indigo Companys balance sheets to determine net cash flows from...
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50. Compute cash flows from financing activities using the below company information.
$ 90,000
Cash received from long-term notes payable.
Cash dividends paid
58,000
29,000
5,000
2,000
A) $90,000
B) $61,000
C) $39,000
D) $37,000
E) $34,000
Interest paid
Cash dividends received
Cash receipt from the issuance of common stock
17
Transcribed Image Text:50. Compute cash flows from financing activities using the below company information. $ 90,000 Cash received from long-term notes payable. Cash dividends paid 58,000 29,000 5,000 2,000 A) $90,000 B) $61,000 C) $39,000 D) $37,000 E) $34,000 Interest paid Cash dividends received Cash receipt from the issuance of common stock 17
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