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A company is preparing its year-end cash flow statement using the indirect method. During the year, the following transactions occurred: ?

Dividends paid                                                           $300

Proceeds from the issuance of common stock          250

Borrowings under a line of credit                                200

100      Proceeds from the issuance of convertible bonds

Proceeds from the sale of a building                           150

What is the company’s increase in cash flows provided by fi -

nancing activities for the year?

a. $50

b. $150

c. $250

d. $550

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Question added by Deleted user
Date Posted: 2015/08/21

yeah250 is answer,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Umer Sharif
by Umer Sharif , Consultant Lead Financial, Functional, Implementation of Infor ERP Syteline ‚ Eccountant & SmartHCM. , Bin Rasheed Technology Pvt Ltd.

250 right answer........................ (-300+250+200+100)

b. $250

Proceeds from the issuance of common stock                  250

Borrowings under a line of credit                                        200

Proceeds from the issuance of convertible bonds              100

Dividends paid                                                                   (300)

Cash from financing activities                                          250

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