Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 4.00

paid dividends

A firm paid dividends of $10,000, paid interest of $20,000, reduced debt principal outstanding (paid off debt) in the amount of $100,000, and sold new stock for $150,000. What was the firm's cash flow from financing activities?

+$20,000 ($20,000 flowed into the firm)
-$20,000 ($20,000 flowed out of the firm)
+$280,000 ($280,000 flowed into the firm)
-$280,000 ($280,000 flowed out of the firm)

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 12:08 PM My Price 4.00

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