From the following information, calculate Cash Flows from Financing Activities. 31.3.2014 31.3.2015 $ 1,80,000 Long Term Loans 1,00,000 During the year, the company repaid the loan of $ 60,000.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 21BEA: Swasey Company earned net income of 1,800,000 in 20X2. Swasey provided the following information:...
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From the following
information, calculate Cash Flows from Financing Activities.
31.3.2014 31.3.2015
$
1,80,000
Long Term Loans
1,00,000
During the year, the company repaid the loan of $ 60,000.
Transcribed Image Text:From the following information, calculate Cash Flows from Financing Activities. 31.3.2014 31.3.2015 $ 1,80,000 Long Term Loans 1,00,000 During the year, the company repaid the loan of $ 60,000.
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