Randy, Inc., issued $50,000 of bonds, paid cash dividends of $8,000, sold long-term investments for $12,000, received $5,000 of dividend revenue, purchased treasury shares for $15,000, and purchased new equipment for $19,000. What is the net cash flow from financing activities?
A) ($20,000) .
B) $27,000.
C) $70,000.
D) $80,000.
Correct Answer:
Verified
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