Mazaya Company repurchased its own shares (treasury shares) with a cost of R.O.15,000 during 2011. During the year, the company declared dividends of R.O.20,000 and issued bonds payable for proceeds of R.O.866,000. Cash flows from financing activities for 2011 total

Mazaya Company repurchased its own shares (treasury shares) with a cost of R.O.15,000 during 2011. During the year, the company declared dividends of R.O.20,000 and issued bonds payable for proceeds of R.O.866,000. Cash flows from financing activities for 2011 total

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

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Question

Mazaya Company repurchased its own shares (treasury shares) with a cost of R.O.15,000 during 2011. During the year, the
company declared dividends of R.O.20,000 and issued bonds payable for proceeds of R.O.866,000. Cash flows from
financing activities for 2011 total

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