Puddycat Ltd. had the following activity during 2021: Proceeds from the sale of non-current investments: $156,000 Gain on the sale of non-current investments: $16,000 Proceeds from the sale of preferred shares: $182,000 Repayment of long-term debt: $30,000 Increase in income taxes payable: $25,000 What is the cash flow provided by (used in) financing activities? Question 13 options: $212,000 $177,000 $152,000 $140,000

Puddycat Ltd. had the following activity during 2021: Proceeds from the sale of non-current investments: $156,000 Gain on the sale of non-current investments: $16,000 Proceeds from the sale of preferred shares: $182,000 Repayment of long-term debt: $30,000 Increase in income taxes payable: $25,000 What is the cash flow provided by (used in) financing activities? Question 13 options: $212,000 $177,000 $152,000 $140,000

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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