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What matatag net cash used in financing activities was

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Reference no: EM132671812

Matatag Corp.'s transactions for the year ended December 31, 2019, included the following:

Paid 450,000 toward a bank loan
Issued 500 shares of common stock for 250,000
Purchased machinery and equipment for 125,000 cash
Purchased real estate for 425,000 cash which was borrowed from a majority stockholder
Sold available-for-sale investment securities for 325,000
Paid dividends of 300,000

Problem 1: Matatag's net cash used in financing activities for 2019 was

Reference no: EM132671812

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