Question

net income was $473,000. issued common stock for $75,000 cash. paid cash dividend of $17,000. paid $110,000 cash to settle a long-term notes payable at its $110,000 maturity value. paid $121,000 cash to acquire its treasury stock. purchased equipment for $95,000 cash. use the above information to determine cash flows from financing activities. note: amounts to be deducted should be indicated with a minus sign.

Answer 1

Effect of a short-term nontrade note payable on cash flow. The amount of net cash used in financing activities that will be reflected in Stout's cash flow statement.

Cash flows from finance activities: how are they calculated?

The cash inflows from the issuing of debt or stock are added. Total all monies received for stock purchases, dividends, and loan repayments. The cash inflows and outflows are subtracted to determine the cash flow from financing operations for the period.

What does it indicate when finance activities have negative cash flow?

A positive number indicates that the business has received funds, increasing the quantity of assets. The distribution of capital by the company, such as through dividends, the repayment of long-term debt, or retirement, is indicated by a negative figure.

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