Business, 15.04.2020 00:25 mullanebrianot3dpw
During 2018, the cash flows related to Global Data, Inc.'s lending and borrowing activities are summarized as follows:
Cash lent to borrowers $129,600
Payment to retire bonds payable $361,500
Proceeds from borrowing at bank (note payable) $217,500
Interest received from borrowers $28,500
Interest payments made on bonds payable $39,000
Required:
On the basis of the above information alone, what is Global Data's net cash flow from financing activities?
Answers: 3
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During 2018, the cash flows related to Global Data, Inc.'s lending and borrowing activities are summ...
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