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Crane adheres to ASPE. Selected information from Crane Corp's 2023 accounting records is as follows: Proceeds from issuance of common shares Proceeds from issuance of bonds Cash dividends paid on common shares Cash dividends paid on preferred shares Purchase of a FV-NI investment $200400 599600 83400 29600 59200 Sale of shares to officers and employees NOT included above 53200 Based on the above information, the cash provided by (used in) financing activities for calendar 2023 is O $88800. 0 $740200. 0 $(113000). O $83400.

Crane adheres to ASPE. Selected information from Crane Corp's 2023 accounting records is as follows: Proceeds from issuance of common shares Proceeds from issuance of bonds Cash dividends paid on common shares Cash dividends paid on preferred shares Purchase of a FV-NI investment $200400 599600 83400 29600 59200 Sale of shares to officers and employees NOT included above 53200 Based on the above information, the cash provided by (used in) financing activities for calendar 2023 is O $88800. 0 $740200. 0 $(113000). O $83400.

FINANCIAL ACCOUNTING
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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Hh.184.

 

Crane adheres to ASPE. Selected information from Crane Corp's 2023 accounting records is as follows: Proceeds from issuance of common shares Proceeds from issuance of bonds Cash dividends paid on common shares Cash dividends paid on preferred shares Purchase of a FV-NI investment $200400 599600 83400 29600 59200 Sale of shares to officers and employees NOT included above 53200 Based on the above information, the cash provided by (used in) financing activities for calendar 2023 is O $88800. O $740200. O $(113000). O $83400.
Transcribed Image Text:Crane adheres to ASPE. Selected information from Crane Corp's 2023 accounting records is as follows: Proceeds from issuance of common shares Proceeds from issuance of bonds Cash dividends paid on common shares Cash dividends paid on preferred shares Purchase of a FV-NI investment $200400 599600 83400 29600 59200 Sale of shares to officers and employees NOT included above 53200 Based on the above information, the cash provided by (used in) financing activities for calendar 2023 is O $88800. O $740200. O $(113000). O $83400.
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