Vanguard Company purchased treasury stock with a cost of $55,000 during 2017. During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $876.000. Cash flows from financing activities for 2017 total*O a. $856,000 net cash inflow. O b. 5911,000 net cash inflow. O c. $75,000 net cash outflow. O d. $801,000 net cash inflow.

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19-12-2022
Business

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Vanguard Company purchased treasury stock with a cost of $55,000 during 2017. During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $876.000. Cash flows from financing activities for 2017 total*O a. $856,000 net cash inflow. O b. 5911,000 net cash inflow. O c. $75,000 net cash outflow. O d. $801,000 net cash inflow.

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-12-22T04:58:05-05:00

Cash flows from financing activities for 2017 total is 75,000 net cash outflow. The net amount of cash and cash equivalents transferred into and out of a company is referred to as cash flow.

A cash flow statement displays the precise amount of a company's cash inflows and outflows over time. The amount statement is the most common financial statement, and it shows a company's revenues and total expenses over time, including noncash accounting such as depreciation. It consists of income and expenses. What you bring in and what you spend. Profit, on the other hand, is the money left over after deducting your business expenses from total revenue.

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