A company issued 20.000 shares of $1 par common stock for $35 per share during 2014. The company paid dividends of $25,000 and issued long-term notes payable of s275,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? A. S950,000 net cash outfiow B. S450,000 net cash inflow C S950,000 net cash inflow D. $400,000 net cash outflow

A company issued 20.000 shares of $1 par common stock for $35 per share during 2014. The company paid dividends of $25,000 and issued long-term notes payable of s275,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? A. S950,000 net cash outfiow B. S450,000 net cash inflow C S950,000 net cash inflow D. $400,000 net cash outflow

Name: A company issued 20,000 shares of $1 par common stock for $35 per sha
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Description: A company issued 20,000 shares of $1 par common stock for $35 per share during 2014. The companypaid dividends of S25,000 and issued long-term notes payable of $275,000 during the year. What amountof cash flows from financing activities will be repo

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 3DQ

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