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Question - Use the following information to determine cash flows from financing activities.
A) Net Income was $35,000.
B) Issued common stock for $64,000 cash.
C) Paid cash dividend of $14,600.
D) Paid $50,000 cash to settle a note payable at its $50,000 maturity value.
E) Paid $12,000 cash to acquire its treasury stock.
F) Purchased Equipments for $39,000 cash.
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Determine the effectiveness of Diana's budgeting strategy. Pretorious Manufacturing has just hired a new controller, Diana Metcalf.
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The treasury stock purchased in question 14 is resold by Kwun, Inc. for $18,000.What effect does this transaction have on
You wish to purchase an annuity today, that will pay you $50,000 per year for 30 years. You will start collecting the annuity 10 years from today.
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