Payment to retire bonds 452 Proceeds from the sale of treasury stock (cost: $52) 60 In T's statement of cash flows, what were net cash outflows from fınancing activities for 2018?
Payment to retire bonds 452 Proceeds from the sale of treasury stock (cost: $52) 60 In T's statement of cash flows, what were net cash outflows from fınancing activities for 2018?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:During 2018, T Company engaged in the following activities:
Distribution of cash dividends declared in 2017
$ 48
Fair value of shares issued in a stock dividend
220
Payment to retire bonds
452
Proceeds from the sale of treasury stock (cost: $52)
60
In T's statement of cash flows, what were net cash outflows from
financing activities for 2018?
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