Master Company's net income last year was $88,000 and cash dividends declared and paid to the company stockholders was $60,000.Changes in selected balance sheet accounts for the year appear below:

- The net cash flows from financing activities last year was

Question

Master Company's net income last year was $88,000 and cash dividends declared and paid to the company stockholders was $60,000.Changes in selected balance sheet accounts for the year appear below:

- The net cash flows from financing activities last year was

Quizplus · Accepted Answer

$(60,000) + $40,000 + $(60,000)

Master Company's Net Income Last Year Was $88,000 and Cash