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fredd [130]
3 years ago
12

Kleister Company issues bonds for $100 million and repays a long-term notes payable of $10 million. The company also repurchases

its own shares for $12 million and issues stock dividends with a market value of $5 million.Net cash flow from financing activities will be:$78 million net inflow[100 million - 10 million - 12 million](dividends are stock dividends not paid in cash) T/F
Business
1 answer:
solong [7]3 years ago
4 0

Answer:

TRUE

Explanation:

Kleister Company:

1. Issues bonds for $100 million - INFLOW

2. Repays a long-term notes payable of $10 million. - OUTFLOW

3. The company also repurchases its own shares for $12 million - OUTFLOW

4. Issues stock dividends with a market value of $5 million. - NOT A CASH FLOW

It is therefore true that Net cash flow from financing activities will be: $78 million [100 million - 10 million - 12 million] since the dividends are stock dividends not cash dividends

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The city council wants suggestions for crime prevention techniques such as installing unbreakable glass on storefronts to presen
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2 years ago
A simple scoring model is used to decide among three projects that we'll call A, B, and C. The total score for project A is 30,
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<em></em>

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