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Tomtit [17]
1 year ago
10

In Marigold Company, Treasury Stock increased $20600 from a cash purchase, and Retained Earnings increased $80400 as a result of

net income of $119200 and cash dividends paid of $39500. Net cash used by financing activities is$18200.$119200.$60100.$38800.
Business
1 answer:
-Dominant- [34]1 year ago
6 0

Net cash used by financing activities is C) $60100.

Financing activities encompass transactions regarding debt, fairness, and dividends. Debt and fairness financing are pondered in the cash float from the financing section, which varies with the different capital systems, dividend guidelines, or debt terms that agencies may additionally have.

Financing activities encompass cash sports related to noncurrent liabilities and proprietors' equity. Noncurrent liabilities and owners' fairness items consist of (1) the essential quantity of lengthy-term debt, (2) stock sales and repurchases, and (3) dividend bills.

Financing activities examples consist of the issuance of shares and bonds, borrowing a loan, servicing debt, shopping for returned shares, and so on. due to the fact those sports directly have an effect on an organization's capital shape, analysts and investors use this as a crucial indicator of a business enterprise's monetary health.

Learn more about Financing activities here: brainly.com/question/28014026

#SPJ4

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