Question

Based on the following information,. Purchase of investments         $ 405 Dividends paid                    &

Based on the following information,.

Purchase of investments         $ 405

Dividends paid                            221

Interest paid                                74

Additional borrowing from bank         533

The cash flows from financing activities under GAAP would $______

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Answer #1

Solution:

Cash flows from financing activities = Additional borrowing from bank - Dividends paid  

= $533 - $221

= $312

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