Question

weaver company purchased treasury stock with a cost of $15,000 during 2012. during the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $836,000. cash flows from financing activities for 2012 total

a.$816,000 net cash inflow

b.$831,000 net cash inflow

c.$5,000 net cash outflow

d.$801,000 net cash inflow

Answer

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