Reference no: EM132617176
Question - Burrow Corporation reported the following transactions and events in 2018:
Loss on sale of investment $80,000
Proceeds from long-term loan 300,000
Purchases of inventory 75,000
Stock repurchases 100,000
Acquisition of another company's bonds 200,000
Dividends paid 90,000
Proceeds from issuing stock 500,000
Proceeds from sale of investment 110,000
Required - Compute Cash from financing activities?
a. $710,000
b. None of the answers is correct
c. $610,000
d. $700,000
e. $800,000
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