Business, 03.08.2021 03:50 applejulianamoreno
Computing financing cash flows LO P3 Indicate which of the following has an effect on financing cash flows. (Amounts that decrease cash should be indicated with a minus sign.) 0.43 points
a. Notes payable with a carrying value of $15,000 are retired for $16,000 cash, resulting in a $1,000 loss.
b. Paid cash dividends of $11,000 to common stockholders.
c. Acquired $20,000 worth of machinery in exchange for common stock. eBook References Effect on financing Items Amount cash flows Notes payable Dividends (1,000) Decrease
а. (11,000) Decrease
b. $ 20,000 No effect
c. Machinery
Answers: 1
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Computing financing cash flows LO P3 Indicate which of the following has an effect on financing cash...
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