Roberts Company sold equipment for $250,000,purchased a building for $6,500,000,sold short-term investments for $280,000,repaid principal on a note payable for $2,300,000 plus $230,000 of interest,and paid cash dividends of $20,000.How much was the net cash flow from financing activities?
A) $2,300,000 outflow
B) $2,320,000 outflow
C) $2,530,000 outflow
D) $2,550,000 outflow
Correct Answer:
Verified
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