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Home Q & A Board Other Fields Homework Help Business Accounting
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MichaelJoult MichaelJoult
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5 years ago
PipCo financial statements included the following amounts for the current year:

   Retired preferred stock$52,000
   Loaned cash to key supplier17,000
   Dividends paid29,000
   Sold used delivery truck44,000
   Issued new bonds76,000

Based on this information, what is the amount of net cash flows from financing activities?
A) $93,000 net inflow
B) $5,000 net inflow
C) $5,000 net outflow
D) $24,000 net outflow
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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jadajada
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5 years ago
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MichaelJoult Author
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#2
5 years ago
I wanna give this person a hug.
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