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nikdorinn [45]
3 years ago
9

During 2018, T Company engaged in the following activities: Distribution of cash dividends declared in 2017 $ 48 Fair value of s

hares issued in a stock dividend 220 Payment to retire bonds 452 Proceeds from the sale of treasury stock (cost: $52) 60 In T's statement of cash flows, what were net cash outflows from financing activities for 2018
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

$440

Explanation:

First and foremost the financing activities hinted in  the question are as follows:

Distribution of cash dividends declared in 2017 $ 48(outflow)

Payment to retire bonds $452(outflow)

Proceeds from the sale of treasury stock (cost: $52) $60(inflow)

net cash outflows from financing activities=-$48-$452+$60

net cash outflows from financing activities=-$440

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Matrix function departmentalization is notorious for confusion and conflict between project managers in different areas of the organization. This confusion and conflict tend to arise because this departmentalization tried to mix the functional and task force division at the same time
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Consider the following data for a closed​ economy: Y​ = ​$1414 trillion C​ = ​$1010 trillion G​ = ​$33 trillion Spublic​ = ​$neg
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Private savings = $360 trillion

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2 years ago
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3 0
3 years ago
Mr. and Mrs. Pitt filed a joint tax return in 2017. The couple divorced in 2018. The IRS audited their 2017 return and determine
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3 years ago
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