jwmiciche7367
15.05.2021 •
Business
The following T-account is a summary of the Cash account of Tamarisk, Inc.. Cash (Summary Form) Balance, Jan. 1 8,200 Receipts from customers 362,100 Payments for goods 294,200 Dividends on stock investments 6,700 Payments for operating expenses 139,800 Proceeds from sale of equipment 36,300 Interest paid 10,400 Proceeds from issuance of bonds payable 500,400 Taxes paid 8,100 Dividends paid 60,400 Balance, Dec. 31 400,800 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?
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Ответ:
$440,000
Explanation:
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?
Cash-flow from Financing activities
Particulars Amount
Proceeds from issuance of bonds payable $500,400
Dividends paid -$60,400
Net cash provided by financing activities $440,000
Ответ:
15
Explanation:
900/60=15