Laila Company issued ordinary shares for OMR 24,000 cash during 2020. The company paid dividends of OMR 2,000. The company also issued a non-current note payable for OMR 30,000 in exchange for equipment during the year. The company sold treasury shares that had a cost of OMR 2,000 for OMR 4,000. Instructions Compute net cash flows from financing activities.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Laila Company issued ordinary shares for OMR 24,000 cash during 2020. The company paid dividends of
OMR 2,000. The company also issued a non-current note payable for OMR 30,000 in exchange for equipment
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during the year. The company sold treasury shares that had a cost of OMR 2,000 for OMR 4,000.
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Compute net cash flows from financing activities.
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Transcribed Image Text:My courses v My bookmarks v Dashboard > My courses > BUAC1302-2020S2 > FINAL EXAM > BUAC1302- Final Examn Dashboard Site home Calendar Badges All courses Course dashboard Question 32 Laila Company issued ordinary shares for OMR 24,000 cash during 2020. The company paid dividends of OMR 2,000. The company also issued a non-current note payable for OMR 30,000 in exchange for equipment Not yet answered Marked out of 1.00 during the year. The company sold treasury shares that had a cost of OMR 2,000 for OMR 4,000. - Flag question Instructions Compute net cash flows from financing activities. I Windows bun
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