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Pachacha [2.7K]
3 years ago
15

Assuming the company uses US GAAP standards, what is the total cash flow from financing activities?

Business
1 answer:
saveliy_v [14]3 years ago
6 0

Answer:

$30

Explanation:

The cash flows from financing activities will include:

+ issuance of preferred stock

+ issuance of bonds

- paid off long-term bank borrowings

- repurchase of common stock

- dividends paid

cash flows from financial activities = $35 + $50 - $15 - $30 - $10 = $30

The $45 resulting from the debt retired through issuance of common stock was not a financial operation, therefore it is not included in the cash flow form financial activities.

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Given:

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3 years ago
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Answer:

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The Kent's earned $53,000 during the year, so they can claim up to 20% of their children's care expenses = $3,800 x 20% = $760

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Answer:

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