Reference no: EM132642398
Question - A company's statement of cash flows includes the following cash transactions:
Sales 1,250,000
Inventory Purchase -750,000
Property and Equipment Purchase -270,000
Interest Payments on Long-Term Debt -25,000
Payment of Wages -315,000
Payment of Rent -40,000
Borrowing of Long-Term Debt 200,000
Payment of Cash Dividends -15,000
Repurchase of Treasury Stock -40,000
Total Cash Flows -5,000
Required - Assuming the company uses US GAAP standards, what is the total cash flow from financing activities?
a. $175,000
b. $160,000
c. $145,000
d. $120,000
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