Dunng 2021 a compary borrowed $200,000, repaid 545,000 in long-term debt, and paid dividends of...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Dunng 2021 a compary borrowed $200,000, repaid 545,000 in long-term debt, and paid dividends of $30,000, the overail impact on cash from financing activities would be: Select one: a. increase to cash of 5125,000 b. decrease to cash of $275,000 c. decrease to cash of $155000 d increase to cash of 5185,000 clear my choice
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
