Accounting 2 Question

Nov 25th, 2014
Business Finance
Price: $5 USD

Question description

Jean's Vegetable Market had the following transactions during 2014:

1. Issued $50,000 of par value common stock for cash.
2. Repaid a 6 year note payable in the amount of $22,000. 
3. Acquired land by issuing common stock of par value $50,000.
4. Declared and paid a cash dividend of $7,000. 
5. Sold a long-term investment (cost $3,000) for cash of $6,000. 
6. Acquired an investment in IBM stock for cash of $10,000. 

What is the net cash provided by financing activities? 

Tutor Answer

(Top Tutor) muhammadyousaf
School: Duke University

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