Compute the net cash used by financing activities, Accounting Basics

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Compute the net cash used by financing activities

Martinez Corporation engaged in the following cash transactions during 2012.

Sale of land and building $182,090
Purchase of treasury stock 47,300
Purchase of land 46,020
Payment of cash dividend 88,310
Purchase of equipment 56,120
Issuance of common stock 150,840
Retirement of bonds 100,390

Compute the net cash used (provided) by financing activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

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Accounting Basics: Compute the net cash used by financing activities

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Accounting Basics: Compute the net cash used by financing activities

Reference No:- TGS0708905

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What will be its net investment in working captial

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Compute the net cash used by financing activities

Reference No:- TGS0708905

Recent Questions Asked Accounting Basics

Q : What will be its net investment in working captial

Q : What is their yield to maturity

Q : Determine the sale of spokane county land

Q : Explain the current assets section of the balance sheet

Q : Compute the net cash used by financing activities

Q : Calculate the balance in ending work in process

Q : What is mrp5 minus mrp2

Q : Should collier bicycles buy the wheels from outside supplier

Q : Calculate the average collection period for each year

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