The following data are available for Blue Horizon Corporation: Issuance of bonds payable: $150,000 Sale of investment: $40,000 Issuance of common stock: $80,000 Payment of cash dividends: $50,000 How much is net cash provided by financing activities? a) $230,000 b) $180,000 c) $280,000 d) $200,000

The following data are available for Blue Horizon Corporation: Issuance of bonds payable: $150,000 Sale of investment: $40,000 Issuance of common stock: $80,000 Payment of cash dividends: $50,000 How much is net cash provided by financing activities? a) $230,000 b) $180,000 c) $280,000 d) $200,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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How much is net cash provided by financing activities on these financial accounting question?

The following data are available for Blue Horizon Corporation:
Issuance of bonds payable: $150,000
Sale of investment: $40,000
Issuance of common stock: $80,000
Payment of cash dividends: $50,000
How much is net cash provided by financing activities?
a) $230,000
b) $180,000
c) $280,000
d) $200,000

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