Use the following information to determine a company's cash flows from financing activities:
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Use the following information to determine a company's cash flows from financing activities:
a. net income was $35,000.
b. issued common stock for $64,000 cash.
c. paid cash dividend of $14,600.
d. paid $50,000 cash to settle a note payable at its $50,000 maturity value.
e. paid $12,000 cash to acquire its treasury stock.
f. purchased equipment for $39,000 cash.
Answers: 2
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