paid to preferred Loans made to affiliated corporations Proceeds from issuing bonds Proceeds from issuing preferred stock Proceeds from sale of equipment Purchases of inventories kholders Purchase of land by issuing bonds Purchases of treasury stock 700,000 800,000 1,050,000 400,000 1,200,000 300,000 600,000

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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Perrett Company provided the following information on selected transactions during 20X1:



The net cash provided (used) by financing activities during 20X1 is

Dividends paid to preferred stockholders
Loans made to affiliated corporations
Proceeds from issuing bonds
Proceeds from issuing preferred stock
Proceeds from sale of equipment
Purchases of inventories
Purchase of land by issuing bonds
Purchases of treasury stock
$ 250,000
700,000
800,000
1,050,000
400,000
1,200,000
300,000
600,000
Transcribed Image Text:Dividends paid to preferred stockholders Loans made to affiliated corporations Proceeds from issuing bonds Proceeds from issuing preferred stock Proceeds from sale of equipment Purchases of inventories Purchase of land by issuing bonds Purchases of treasury stock $ 250,000 700,000 800,000 1,050,000 400,000 1,200,000 300,000 600,000
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