Net Cash Flow from Financing Activities Assignment | Top Universities

Flow Company has provided the following information for the year ended December 31, 2016: Cash paid for interest, $16,500 Cash paid for dividends, $7,700 Cash dividends received, $5,700 Cash proceeds from bank loan, $22,000 Cash purchase of treasury stock, $7,500 Cash paid for equipment purchase, $23,500 Cash received from issuance of common stock, $33,500 Cash received from sale of land with a $28,500 book value, $22,200 Acquisition of land costing $47,500 in exchange for preferred stock issuance. Payment of a $185,000 note payable by exchanging used machinery with a $73,500 book value and $185,000 fair value. How much was Flow's net cash flow from financing activities? Get Accounting homework help today