Solved

Use the Information Below to Answer the Following Questions -What Was the Cash Flow from Financing Activities?
A) $3200

Question 25

Multiple Choice

Use the information below to answer the following questions:
$ Cash sales 3000 Cash collected from accounts receivable 2500 Dividends received 1300 Dividends paid 1100 Interest received 1400 Interest paid 1500 Cash paid to accounts payable 2900 Proceeds of sale of investments 3300 Issue of shares 4500 Issue of debentures 3600 Tax paid 4700 Wages paid to employees 4100 Share buybacks 3800 Purchase of property, plant and equipment 1200 \begin{array}{lr} & \$ \\ \text { Cash sales } & 3000 \\ \text { Cash collected from accounts receivable } & 2500 \\ \text { Dividends received } & 1300 \\ \text { Dividends paid } & 1100 \\ \text { Interest received } & 1400 \\ \text { Interest paid } & 1500 \\ \text { Cash paid to accounts payable } & 2900 \\ \text { Proceeds of sale of investments } & 3300 \\ \text { Issue of shares } & 4500 \\ \text { Issue of debentures } & 3600 \\ \text { Tax paid } & 4700 \\ \text { Wages paid to employees } & 4100 \\ \text { Share buybacks } & 3800 \\ \text { Purchase of property, plant and equipment } & 1200\end{array}
-What was the cash flow from financing activities?


A) $3200
B) $4300
C) ($400)
D) $7000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents