Cornerstones of Financial Accounti...

4th Edition
Jay Rich + 1 other
ISBN: 9781337690881



Cornerstones of Financial Accounti...

4th Edition
Jay Rich + 1 other
ISBN: 9781337690881
Textbook Problem

Determining Net Cash Flow from Financing Activities

Madison Company reported the following information:



Notes payable



Common stock



Retained earnings



Madison reported net income of $26,000 for the year ended December 31, 2019. In addition, Madison repaid $35,000 of the notes payable during 2019.


Compute net cash flow from financing activities.

To determine


Cash Flow from Financing Activities represents inflows and outflows of cash coming about because of obligation issuance and financing, the issuance of any new stock, profit installments, and any repurchase of existing stock.

To choose:

Compute net cash flow from financing activities.

Particular Amount ($)
Paid dividend
Issue Note payable
Repaid the note payable
Issue of common stock
Cash from financial activity

Retained Earning

Particular Amounts ($) Particular Amounts ($)

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