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dmalex13 dmalex13
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Spivey Industries engaged in the following activities during the year:
Borrowed money from City Bank for $200,000
Sold equipment that cost $125,000 for $40,000
Sold 100 shares of stock for $20 each
Paid dividends to stockholders totaling $12,000

Required:

Prepare the cash flows provided by financing activities section of Spivey's statement of cash flows.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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alexisgardner09alexisgardner09
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