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Kaylis [27]
3 years ago
15

Pharoah Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During th

e year Pharoah had repaid existing debt of $315,900 and raised additional debt capital of $645,000. It also repurchased stock in the open market for a total of $44,820. What is the net cash provided by financing activities? (If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Business
1 answer:
7nadin3 [17]3 years ago
4 0

Answer:

Net cash provided by financing activities = $284,280

Explanation:

Net cash provided by financing activities = Additional debt - Repayment of existing debt - stock repurchase

Net cash provided by financing activities = $645,000 - $315,900 - $44,820

Net cash provided by financing activities = $284,280

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Answer:

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Explanation:

Data provided in the question:

Accounts Receivable at the start of the year = $6,000

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Suppose Stark Ltd. just issued a dividend of $2.33 per share on its common stock. The company paid dividends of $2.00, $2.08, $2
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Answer:

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we need to find the required rate or return (RRR) in the following formula:

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55 = 2.42 / (RRR - 0.039)

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55 = 2.42 / (RRR - 0.0389)

RRR - 0.0389 = 2.42 / 55 = 0.044

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