Bulldogs Ltd had the following activities related to their financial operations:
Paid $1 125 000 for the early retirement of convertible notes (amortised cost of $1 110 000)
Paid cash dividends of $93 000.Preference shares with carrying amount of $120 000 were converted to ordinary shares.
What is net cash used in financing activities for the year ended 30 June 2014?
A) ($1 017 000)
B) ($1 032 000)
C) ($1 125 000)
D) ($1 218 000)

Question

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The Answer of Bulldogs Ltd had the following activities related to their financial operations:
Paid $1 125 000 for the early retirement of convertible notes (amortised cost of $1 110 000)
Paid cash dividends of $93 000.Preference shares with carrying amount of $120 000 were converted to ordinary shares.
What is net cash used in financing activities for the year ended 30 June 2014?
A) ($1 017 000)
B) ($1 032 000)
C) ($1 125 000)
D) ($1 218 000)

Bulldogs Ltd Had the Following Activities Related to Their Financial