Help Seve During the year, Next Tec Corp had the following cash flows recelpt from customers, $10,000, receipt from the bank for long-term borrowing, $6,000, payment to supplers, $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 in the statement of cash flows? Multiple Choice $5.000. $2.000 $6.000. $8,000) O O O O
Help Seve During the year, Next Tec Corp had the following cash flows recelpt from customers, $10,000, receipt from the bank for long-term borrowing, $6,000, payment to supplers, $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 in the statement of cash flows? Multiple Choice $5.000. $2.000 $6.000. $8,000) O O O O
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:suppliers, $5,00o.
nt of dividends, $1,000; payment to
Multiple Choice
20

Transcribed Image Text:19
Mary's Music Store reported net Income of $135,000. Beginning balances in Accounts Receivable and Accounts Payable were $29,000 and $26,000, respectively Ending balances in these accounts were $30,000 and $24,000, respectively Assuming that all relevant
Information has been presented, Mary's net cash flows from operating activities would be:
Multiple Choice
eBook
$132,000.
$134,000.
$136.000
$138,000.
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