QS 12-16 (Algo) Computing cash flows from financing LO P3 Cash received from long-term notes payable Purchase of investments Cash dividends paid Interest paid $ 42,000 10,700 34,400 17,200 Compute cash flows from financing activities using the above company information. Note: Amounts to be deducted should be indicated by a minus sign. Financing Activities
QS 12-16 (Algo) Computing cash flows from financing LO P3 Cash received from long-term notes payable Purchase of investments Cash dividends paid Interest paid $ 42,000 10,700 34,400 17,200 Compute cash flows from financing activities using the above company information. Note: Amounts to be deducted should be indicated by a minus sign. Financing Activities
College Accounting (Book Only): A Career Approach
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ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter12A: The Statement Of Cash Flows
Section: Chapter Questions
Problem 3P
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![QS 12-16 (Algo) Computing cash flows from financing LO P3
Cash received from long-term notes payable
Purchase of investments
Cash dividends paid
Interest paid
$ 42,000
10,700
34,400
17,200
Compute cash flows from financing activities using the above company information.
Note: Amounts to be deducted should be indicated by a minus sign.
Financing Activities](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff36eb914-9720-49c4-a03d-954cb909034a%2F40c47bf5-e1f4-4131-862b-42d180f0aabb%2Fd17l34_processed.png&w=3840&q=75)
Transcribed Image Text:QS 12-16 (Algo) Computing cash flows from financing LO P3
Cash received from long-term notes payable
Purchase of investments
Cash dividends paid
Interest paid
$ 42,000
10,700
34,400
17,200
Compute cash flows from financing activities using the above company information.
Note: Amounts to be deducted should be indicated by a minus sign.
Financing Activities
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