A company is preparing its year-end cash flow statement
using the indirect method. During the year, the following
transactions occurred: ?

Question

Dividends paid $300

Proceeds from the issuance of common stock 250

Borrowings under a line of credit 200

100 Proceeds from the issuance of convertible bonds

Proceeds from the sale of a building 150

What is the company’s increase in cash flows provided by fi -

nancing activities for the year?

a. $50

b. $150

c. $250

d. $550

Deleted user · Answer

yeah250 is answer,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Umer Sharif · Answer

250 right answer........................ (-300+250+200+100)

Khaled ashraf · Answer

b. $250

Proceeds from the issuance of common stock 250

Borrowings under a line of credit 200

Proceeds from the issuance of convertible bonds 100

Dividends paid (300)

Cash from financing activities 250