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mash [69]
3 years ago
10

Software Riverside Company issued long-term debt of 410 paid dividends of 20 and issued capital stock of 100. Cash flow from fin

ancing activities was:_____.a. 410.b. 420.c. 430.d. 440.
Business
1 answer:
Mazyrski [523]3 years ago
8 0

Answer:

Cash flow from from financing activities = $490

Explanation:

<em>The cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest.  </em>

Cash flow                                    $

issue of long term debt           410

Cash dividend paid                  (20)

Capital stock issued                  <u>100 </u>

Net cash from financing activ.  <u>490</u>

Cash flow from from financing activities = $490

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