Question 13 of 42 < > View Policies Current Attempt in Progress Stansfield Corporation had the following activities in 2025. 1. Payment of accounts payable $770,000. 4. Collection of note receivable $100,000. 2. Issuance of common stock $250,000. 5. Issuance of bonds payable $510,000. 3. Payment of dividends $350,000. 6. Purchase of treasury stock $46,000. -/2 E Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2025 statement of cash flows (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash by financing activities $

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 48BE
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Stansfield Corporation had the following activities in 2025.
1. Payment of accounts payable $770,000.
4.
Collection of note receivable $100,000.
2.
Issuance of common stock $250,000.
5.
Issuance of bonds payable $510,000.
3.
Payment of dividends $350,000.
6.
Purchase of treasury stock $46,000.
-/2 E
Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2025 statement of cash flows
(Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Net cash
by financing activities $
Transcribed Image Text:Question 13 of 42 < > View Policies Current Attempt in Progress Stansfield Corporation had the following activities in 2025. 1. Payment of accounts payable $770,000. 4. Collection of note receivable $100,000. 2. Issuance of common stock $250,000. 5. Issuance of bonds payable $510,000. 3. Payment of dividends $350,000. 6. Purchase of treasury stock $46,000. -/2 E Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2025 statement of cash flows (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash by financing activities $
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