Use the following information to answer questions
Crocker Co.had the following activity during 2011: $\begin{array}{lr}
\text { Proceeds from sale of bonds payable } & \$ 200,000 \
\text { Loss of disposal of equipment } & \
\text { (\$0 proceeds from disposal) } & 18,000 \
\text { Dividends paid to shareholders } & 25,000 \
\text { Sale of shares } & 125,000 \
\text { Gain on the sale of short term investments } & 75,000
\end{array}$
-What was the cash flow from financing activities?
A)$300,000
B)$292,000
C)$325,000
D)$275,000

Question

Use the following information to answer questions 
Crocker Co.had the following activity during 2011: $\begin{array}{lr}
\text { Proceeds from sale of bonds payable } & \$ 200,000 \
\text { Loss of disposal of equipment } & \
\text { (\$0 proceeds from disposal) } & 18,000 \
\text { Dividends paid to shareholders } & 25,000 \
\text { Sale of shares } & 125,000 \
\text { Gain on the sale of short term investments } & 75,000
\end{array}$
-What was the cash flow from financing activities?
A)$300,000
B)$292,000
C)$325,000
D)$275,000

Quizplus · Accepted Answer

Cash flow from financing activities includes proceeds from the sale of bonds payable ($200,000) and sale of shares ($125,000), but not dividends paid to shareholders (-$25,000), resulting in $300,000.

Use the Following Information to Answer Questions Crocker Co

Use the Following Information to Answer Questions
Crocker Co