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What is the net cash Inflow from Financing Activities

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Reference no: EM132609354

Question - Kane Ltd had the following transactions during 2019:

Issued 10,000 shares of $2 Par Common Stock for Cash $45,000

Purchased a new work truck and paid cash $75,000

Received cash payments on Accounts Receivable $55,000

Purchased Inventory $95,000

Paid a cash dividend to Shareholders $20,000

Paid down with cash the principle portion of a Note Payable $30,000

Purchased a patent with cash to manufacture a new product $40,000

What is the net cash Inflow or (Outflow) from Financing Activities for 2019?

Reference no: EM132609354

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