Exercise 12-9 Cash flows from financing activities LO P3 a. Net Income was $474,000. b....
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Exercise 12-9 Cash flows from financing activities LO P3 a. Net Income was $474,000. b. Issued common stock for $75,000 cash. c. Pald cash dividend of $12,000. d. Pald $110,000 cash to settle a note payable at its $110,000 maturity value. e. Pald $120,000 cash to acquire its treasury stock. f. Purchased equipment for $93,000 cash. Use the above Information to determine cash flows from financing activitles. (Amoun minus slgn.) Statement of Cash Flows (partial) Cash flows from financing activities 0
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