XYZ Company had $100,000 in cash at the end of year 2019 and $150,000 in cash at the end of year 2020. The company had a cash flow from operating activities of 65,000. During 2020, XYZ Company had the following cash flow from financing activities: 1) Issuance stocks of $66,000. 2) Paid dividends of $9,000. 3) Repurchase stocks of $35,000. 4) Notes payable increased by $14,000. What was the company’s cash flow from investing activities
XYZ Company had $100,000 in cash at the end of year 2019 and $150,000 in cash at the end of year 2020. The company had a cash flow from operating activities of 65,000. During 2020, XYZ Company had the following cash flow from financing activities: 1) Issuance stocks of $66,000. 2) Paid dividends of $9,000. 3) Repurchase stocks of $35,000. 4) Notes payable increased by $14,000. What was the company’s cash flow from investing activities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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XYZ Company had $100,000 in cash at the end of year 2019 and $150,000 in cash at the end of year 2020. The company had a
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