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Find what is amount of net cash flow from financing activity

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Reference no: EM132729561

Behren Incorporated had the following transactions:

Issued stock for $15,000 cash

Purchased a building for $35,000.

Paid $2,000 in cash for dividends.

Received cash revenues from customers for $50,000.

Paid operating expenses of $38,000.

Problem 1: Assuming that these are the only transactions, what is the amount of the net cash flows from financing activities on Behren's cash flow statement?

a.$13,000

b.$20,000

c.$15,000

d.$12,000

Reference no: EM132729561

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