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Calculate the financing cash flow figure

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Question - A company has the following payments and receipts during its accounting period. Calculate the 'financing' cash flow figure for its statement of cash flows, issue of shares £1,030,000, debenture repaid £400,000, proceeds of a rights issue £630,000, share premium received £460,000.

A. £1,720,000

B. £1,090,000

C. £1,490,000

D. £1,260,000

Reference no: EM133050565

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