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Consider the following events: : 25,000 shares of preferred stock, cumulative, 5%, $40 par was issued for $60/share. • The an

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Answer #1
Cash flow from financing activities
Issue preferred stock (25000*60) 1500000
Dividend paid (25000*40*5%) -50000
Purchase treasury Stock (12000*68) -816000
Bond redemption -432000
Net Cash provided by financing activities 202000

So answer is c) $202000

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