Net income was $466,000. Issued common stock for $72,000 cash. Paid cash dividend of $18,000. Paid $105,000 cash to settle a long-term notes payable at its $105,000 maturity value. Paid $117,000 cash to acquire its treasury stock. Purchased equipment for $86,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) please provide a statement of cashflows (partial)?
Net income was $466,000. Issued common stock for $72,000 cash. Paid cash dividend of $18,000. Paid $105,000 cash to settle a long-term notes payable at its $105,000 maturity value. Paid $117,000 cash to acquire its treasury stock. Purchased equipment for $86,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) please provide a statement of cashflows (partial)?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Net income was $466,000. Issued common stock for $72,000 cash. Paid cash dividend of $18,000. Paid $105,000 cash to settle a long-term notes payable at its $105,000 maturity value. Paid $117,000 cash to acquire its
Use the above information to determine
please provide a statement of cashflows (partial)?
Please do not plagiarise from other sites thnku
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