Miller Company purchased treasury shares with a cost of $15,000 during 2014. During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $916,000. Cash flows from financing activities for 2014 total
A) $896,000 net cash inflow.
B) $911,000 net cash inflow.
C) $916,000 net cash outflow.
D) $881,000 net cash inflow.
Correct Answer:
Verified
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