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What is the net cash flow from financing activities

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Reference no: EM132861429

Question 1: A Company issued $60,000 of bonds, paid cash dividends of $9,000, sold long-term investments for $13,000, received $6,000 of dividend revenue, purchased treasury stock for $16,000, and purchased new equipment for $20,000. What is the net cash flow from financing activities?

Group of answer choices

A) $34,000 outflow

B) $70,000 inflow

C) $20,000 inflow

D) $35,000 inflow

Reference no: EM132861429

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