Business, 18.03.2021 01:20 paigemeyers6

Indicate which of the following has an effect on financing cash flows. (Amounts that decrease cash should be indicated with a minus sign.) a. Notes payable with a carrying value of $15,000 are retired for $16,000 cash, resulting in a $1,000 loss.
b. Paid cash dividends of $11,000 to common stockholders.
c. Acquired $20,000 worth of machinery in exchange for common stock.
Items Amount Effect on financing cash flows
a. Notes payable (1,000) Decrease
b. Dividends (11,000) Decrease
c. Machinery $ 20,000 No effect

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Indicate which of the following has an effect on financing cash flows. (Amounts that decrease cash s...

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