Cash received from long-term notes payable Purchase of investments Cash dividends paid Interest paid Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.) Financing Activities Cash received from long-term notes payable Cash dividends paid Cash provided by financing activities $ 66,000 16,500 52,800 26,400 $ 66,000 (52,800) 13,200

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 27BE
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Cash received from long-term notes payable
Purchase of investments
Cash dividends paid.
Interest paid
Financing Activities
Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indicated by
a minus sign.)
Cash received from long-term notes payable
Cash dividends paid
Cash provided by financing activities
$ 66,000
16,500
$
52,800
26,400
66,000
(52,800)
13,200
Transcribed Image Text:Cash received from long-term notes payable Purchase of investments Cash dividends paid. Interest paid Financing Activities Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.) Cash received from long-term notes payable Cash dividends paid Cash provided by financing activities $ 66,000 16,500 $ 52,800 26,400 66,000 (52,800) 13,200
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