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Pie
2 years ago
14

Davidson company received $80,000 from the issuance of bonds, paid cash dividends of $10,000, sold long-term investments for $12

,000, and purchased new equipment for $19,000. What is the net cash flow from financing activities?.
Business
1 answer:
pentagon [3]2 years ago
8 0

Based on Davidson Company's cash from bonds, and cash dividends paid, the net cash flow from financing activities is $70,000.

<h3 /><h3>What is the net cash from financing activities for Davidson Company?</h3>

The financing activities have to do with debt, and stock.

The net cash from financing acitivities is therefore:

= Bond issuance - Cash dividends paid

Solving gives:

= 80,000 - 10,000

= $70,000

In conclusion, the net cash from financing is $70,000.

Find out more on financing activities at brainly.com/question/14441404.

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