h Flows-Investing ActivitiesThe accountant for Foster Institute, Inc.. determined the cash flow for several transactions to beas follows:Payment to pay off notes payable (15 yr notes)Proceeds from issuance of bonds payable-due in 10 yrs$4195,0002$$ 635,000Payment to purchase equipmentPayment of wages$4275,0002$115,000Payment of dividends2$155,000On the basis of the above transactions alone, determine the net cash flow from financingactivities only. [Must show your calculation for full credit.] (10 pts)A) $275,000 net cash used for financing activities.B) $440,000 net cash provided by financing activities.C) Zero: cash inflows equal cash outflows from financing activities.D) $285,000 net cash provided by financing activities.

CASH FLOW STATEMENT PARTICULARS AMOUNT ($) CASH FLOW FROM FINANCING ACTIVITIES PROCEEDS…

Flows-Investing Activities The accountant for Foster Institute, Inc.. determined the cash flow for several transactions to be as follows: Payment to pay off notes payable (15 yr notes) Proceeds from issuance of bonds payable-due in 10 yrs Payment to purchase equipment Payment of Payment of dividends 2$ 195,000 635,000 $ 275,000 %24 wages 24 115,000 2$ 155,000 On the basis of the above transactions alone, determine the net cash flow from financing activities only. [Must show your calculation for full credit.] (10 pts) A) $275,000 net cash used for financing activities. B) $440,000 net cash provided by financing activities. C) Zero: cash inflows equal cash outflows from financing activities. D) $285,000 net cash provided by financing activities.

Flows-Investing Activities The accountant for Foster Institute, Inc.. determined the cash flow for several transactions to be as follows: Payment to pay off notes payable (15 yr notes) Proceeds from issuance of bonds payable-due in 10 yrs Payment to purchase equipment Payment of Payment of dividends 2$ 195,000 635,000 $ 275,000 %24 wages 24 115,000 2$ 155,000 On the basis of the above transactions alone, determine the net cash flow from financing activities only. [Must show your calculation for full credit.] (10 pts) A) $275,000 net cash used for financing activities. B) $440,000 net cash provided by financing activities. C) Zero: cash inflows equal cash outflows from financing activities. D) $285,000 net cash provided by financing activities.

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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