Vanguard Company purchased treasury stock with a cost of $55,000 during 2022.During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $876,000.Cash flows from financing activities for 2022 total
A)$856,000 net cash inflow.
B)$911,000 net cash inflow.
C)$75,000 net cash outflow.
D)$801,000 net cash inflow.

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The Answer of Vanguard Company purchased treasury stock with a cost of $55,000 during 2022.During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $876,000.Cash flows from financing activities for 2022 total
A)$856,000 net cash inflow.
B)$911,000 net cash inflow.
C)$75,000 net cash outflow.
D)$801,000 net cash inflow.

Vanguard Company Purchased Treasury Stock with a Cost of $55,000