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sdas [7]
2 years ago
12

Stellar Corporation had the following activities in 2020.

Business
1 answer:
nexus9112 [7]2 years ago
6 0

Answer:

Net cash provided by financing activities $315,000

Explanation:

The computation of the net cash provided or used by financing activities is shown below:

Issuance of common stock $275,000

Issuance of bonds payable $469,000

Less: Payment of dividends $380,000

Less: Purchase of treasury stock $49,000

Net cash provided by financing activities $315,000

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