Compute the amount of cash from financing activities, Accounting Basics

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Compute the amount of cash from financing activities

Computing Cash from Financing Activities

Response to the following problem:

Using the following information, compute the amount of cash from financing activities:

1. The company purchased $12,000 of its own common stock to be held in the treasury.

2. The company paid cash dividends of $2,350 to its stockholders.

3. The company repaid $25,000 of long-term debt.

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Accounting Basics: Compute the amount of cash from financing activities

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Accounting Basics: Compute the amount of cash from financing activities

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