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Home Q & A Board Other Fields Homework Help Business Accounting
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freckles freckles
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10 months ago

The following transactions occurred last year at Jogger Corporation:

Issuance of shares of the company's own common stock$ 110,000
Dividends paid to the company's own shareholders$ 3,000
Sale of long-term investment$ 4,000
Interest paid to lenders$ 8,000
Retirement of the company's own bonds payable$ 100,000
Proceeds from sale of the company's used equipment$ 29,000
Purchase of new equipment$ 170,000

Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows would be:



▸ $424,000

▸ $(138,000)

▸ $(1,000)

▸ $7,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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ftricey04ftricey04
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10 months ago
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