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Unformatted text preview: $169,600 Cash flow from investing activites: Cash paid for equipment $81,400 Net cash flow used for investing activities (81,400) Cash flows from financing activities: Cash received from sale of common stock 140,000 Less cash paid for dividends $76,800 Cash paid to retire mortgage note payable 168,000 244,800 Net cash flow used in financing activities (104,800) Decrease in cash ($16,600) Cash at the beginning of the year 89,900 Cash at the end of the year $73,300...
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This note was uploaded on 04/13/2010 for the course ACTG 1B a taught by Professor 2 during the Spring '10 term at Foothill College.
- Spring '10