The Financing Activities section of a recent statement of cash flows for Bay Area Corporation reported a $75,000 payment of shareholder dividends and an issuance of common stock at par for $533,000, resulting in net cash flows of a.$458,000. b.$533,000. c.$(75,000). d.$608,000.

The Financing Activities section of a recent statement of cash flows for Bay Area Corporation reported a $75,000 payment of shareholder dividends and an issuance of common stock at par for $533,000, resulting in net cash flows of a.$458,000. b.$533,000. c.$(75,000). d.$608,000.

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter13: Statement Of Cash Flows

Section: Chapter Questions

Problem 6BE: Common stock transactions on the statement of cash flows Jones Industries received 600,000 from...

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a.$458,000.

b.$533,000.

c.$(75,000).

d.$608,000.

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