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QUE Ltd had the following activity during 2020: Proceeds from sale of long-term $156,000 investments Gain on the sale of long-term investments 16,000 Loss on the disposal of equipment ($0 proceeds from disposal) 17,000 Proceeds from the issuance of preferred 182,000 shares Repayment of long-term debt 30,000 What was the cash flow from fınancing activities? O $135,000 O $168,000 O $169,000 O $152.000

QUE Ltd had the following activity during 2020: Proceeds from sale of long-term $156,000 investments Gain on the sale of long-term investments 16,000 Loss on the disposal of equipment ($0 proceeds from disposal) 17,000 Proceeds from the issuance of preferred 182,000 shares Repayment of long-term debt 30,000 What was the cash flow from fınancing activities? O $135,000 O $168,000 O $169,000 O $152.000

FINANCIAL ACCOUNTING
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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QUE Ltd had the following activity during 2020: Proceeds from sale of long-term $156,000 investments Gain on the sale of long-term investments 16,000 Loss on the disposal of equipment ($0 proceeds from disposal) 17,000 Proceeds from the issuance of preferred 182,000 shares Repayment of long-term debt 30,000 What was the cash flow from financing activities? O $135,000 O $168,000 O $169,000 O $152,000
Transcribed Image Text:QUE Ltd had the following activity during 2020: Proceeds from sale of long-term $156,000 investments Gain on the sale of long-term investments 16,000 Loss on the disposal of equipment ($0 proceeds from disposal) 17,000 Proceeds from the issuance of preferred 182,000 shares Repayment of long-term debt 30,000 What was the cash flow from financing activities? O $135,000 O $168,000 O $169,000 O $152,000
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