Based on the following information, compute cash flows from financing activities under GAAP.   Purchase of investments $ 210 Dividends paid 1,160 Interest paid 360 Additional borrowing from bank 2,600

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 6DQ
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Based on the following information, compute cash flows from financing activities under GAAP.

 

Purchase of investments $ 210
Dividends paid 1,160
Interest paid 360
Additional borrowing from bank 2,600

 

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