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Author Question: During the current year, Maddox Industries sold a delivery truck with a book value of $5,000 for ... (Read 39 times)

ncasson210

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on: Feb 5, 2023

Question 1

During the current year, Maddox Industries sold a delivery truck with a book value of $5,000 for $15,000, declared and paid cash dividends of $8,000 and borrowed $50,000 from First National Bank. Maddox's net cash flows provided by financing activities is
◦ $42,000.
◦ $50,000.
◦ $0.
◦ $27,000.

Question 2

During the current year, Maddox Industries sold a delivery truck with a book value of $5,000 for $15,000, declared and paid cash dividends of $8,000 and borrowed $50,000 from First National Bank. Maddox's net cash flows provided by investing activities is
◦ $42,000.
◦ $50,000.
◦ $5,000.
◦ $15,000.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by ncasson210 on Feb 5, 2023

mamboz

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ncasson210

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
:D TYSM

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