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AleksAgata [21]
3 years ago
8

Norris Company issued 15,000 shares of $1 par common stock for $25 per share during2012. The company paid dividends of $36,000 a

nd issued long-term notes payable of$330,000 during the year. What amount of cash flows from financing activities will bereported on the statement of cash flows?
Business
1 answer:
mario62 [17]3 years ago
3 0

Answer:

total cash generated from financing activities: 669,000

Explanation:

financing activities

from stock issuance 15,000 x 25 = 375,000

long term-note                                 330,000

dividends paid                                  (36,000)

    total cash generated from financing activities: 669,000

We will calculate the total cash proceeds fro mthe stock issuance, add up the proceeds from the long and decrease it by the dividends paid amount.

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name, title, salary, and dates of employment. 

Explanation:

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Although generous disability insurance can help those who have been permanently injured, it can also increase the likelihood tha
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B, Indirect incentive

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Incentive can be direct or indirect as in the case of the above question.

In the case of the above question, a generous disability insurance can motivate workers to falsely claim to be disabled. This means that the financial implication of the insurance package for disability is most likely the only reason for workers to claim false disability.

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4 0
3 years ago
Posting is the process of transferring items entered in a general journal to the: 1. worksheet. 2. trial balance. 3. general led
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Answer:

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7 0
4 years ago
If the expected sales volume for the current period is 7,500 units, the desired ending inventory is 263 units, and the beginning
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7 0
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