Tech Support, Inc. issued common stock for $470,000 cash in 2012. The company paid cash dividends of $50,000 and purchased treasury stock at a cost of $20,000. The financing section of the statement of cash flows will report net cash inflows of:
A) $540,000.
B) $500,000.
C) $440,000.
D) $400,000.
Correct Answer:
Verified
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