Bulldogs Plc had the following activities related to their financial operations:
Paid €1 125 000 for the early retirement of convertible notes (amortised cost of €1 110 000)
Paid cash dividends of €93 000.Preference shares with carrying amount of €120 000 were converted to ordinary shares.
What is net cash used in financing activities for the year ended 30 June 2014?
A)(€1 017 000)
B)(€1 032 000)
C)(€1 125 000)
D)(€1 218 000)

Question

Quizplus · Accepted Answer

The Answer of Bulldogs Plc had the following activities related to their financial operations:
Paid €1 125 000 for the early retirement of convertible notes (amortised cost of €1 110 000)
Paid cash dividends of €93 000.Preference shares with carrying amount of €120 000 were converted to ordinary shares.
What is net cash used in financing activities for the year ended 30 June 2014?
A)(€1 017 000)
B)(€1 032 000)
C)(€1 125 000)
D)(€1 218 000)

Bulldogs Plc Had the Following Activities Related to Their Financial