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Author Question: During the current year, Jamison Manufacturing had net income of $15,000 and paid dividends of ... (Read 59 times)

kmcolvin

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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 $6,000 and borrowed $40,000 from First National Bank. Maddox's net cash flows provided by financing activities is
◦ $44,000.
◦ $34,000.
◦ $46,000.
◦ $15,000.

Question 2

During the current year, Jamison Manufacturing had net income of $15,000 and paid dividends of $8,000. Jamison also borrowed $50,000 on January 1 and repaid $5,000 of the note during the year. Jamison's net cash flows provided by financing activities is
◦ $37,000.
◦ $65,000.
◦ $50,000.
◦ $42,000.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by kmcolvin on Feb 5, 2023

kuttz

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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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kmcolvin

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

upturnedfurball

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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