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?

Question

Quizplus · Accepted Answer

Net cash flow from financing activities = Issuance of bonds + Payment of dividends + Sale of long-term investments + Receipt of dividend revenue - Purchase of treasury shares = $50,000 + $8,000 + $12,000 + $5,000 - $15,000 = $27,000.