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Compute the companys net cash flow

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Question - The following transactions occurred at Peter's Third Company in 2019. 1. The company reacquired as treasury stock 11,000 shares of its outstanding common stock, paying a total of $33,000 for the shares. 2. On November 30, the company borrowed $290,000 from the bank, signing 90-day, 8 percent note payable. Compute the company's net cash flow from financing activities for the year.

Reference no: EM132493830

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