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Determine cash flows from financing activities

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Reference no: EM132504999

Point 1: Net income was $465,000.

Point 2: Issued common stock for $72,000 cash.

Point 3: Paid cash dividend of $16,000.

Point 4: Paid $110,000 cash to settle a note payable at its $110,000 maturity value.

Point 5: Paid $124,000 cash to acquire its treasury stock.

Point 6: Purchased equipment for $90,000 cash.

Question 1: Use the above information to determine cash flows from financing activities. In a statement of cash flows ( PARTIAL)

Reference no: EM132504999

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