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KEC Paid the Following Cash Outflows During 2012 What Would Be Cash Outflow for Operating, Investing, and Financing

Question 153

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KEC paid the following cash outflows during 2012:  Cash tor dividends $12,000 Cash loaned to KEC president 20,000 Cash tor interest 4,000 Cash tor income taxes 25,000 Cash to purchase KEC common stock 40,000 Cash to purchase ABC common stock 43,000\begin{array} { | l | l | } \hline \text { Cash tor dividends } & \$ 12,000 \\\hline \text { Cash loaned to KEC president } & 20,000 \\\hline \text { Cash tor interest } & 4,000 \\\hline \text { Cash tor income taxes } & 25,000 \\\hline \text { Cash to purchase KEC common stock } & 40,000 \\\hline \text { Cash to purchase ABC common stock } & 43,000 \\\hline\end{array} What would be cash outflow for operating, investing, and financing activities, respectively, for 2012?
Note: Under IFRS, interest received may also be an investing activity.

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Operating Cash Outflows: $25,0...

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