During 2018, Smokey Corporation eamed net income of $5.4 billion and paid off $2.5 billion...
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During 2018, Smokey Corporation eamed net income of $5.4 billion and paid off $2.5 billion of long-term notes payable. Smokey raised $1.1 billion by issuing common stock, paid $3.7 billion to purchase treasury stock, and paid cash dividends of $1.3 billion. Report Smokey's cash flows from financing activities on the statement of cash flows for 2018. (Enter amounts in billions. Use parentheses or a minus sign for numbers to be subtracted.) ... > Cash flows from financing activities: Amount (in billions) Net income Payment of dividends Payment of long-term notes payable Proceeds from issuance of common stock Proceeds from long-term notes payable Purchase of treasury stock Net cash used by financing activities
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