Question

Software Riverside Company issued long-term debt of 410 paid dividends of 20 and issued capital stock of 100. Cash flow from financing activities was:_____.a. 410.b. 420.c. 430.d. 440.

Answer 1

Cash flow from from financing activities = $490

Step-by-step explanation:

The cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest.

Cash flow $

issue of long term debt 410

Cash dividend paid (20)

Capital stock issued 100

Net cash from financing activ. 490

Cash flow from from financing activities = $490