Walker corporation cash flow information

Anonymous
timer Asked: Oct 19th, 2015

Question description

Walker Corporation conducted the following activities during 2001: (1) they sold 10,000 shares of their own stock for $16.00 per share; (2) they issued bonds for which they received $491,000; (3) they paid dividends to their stockholders totalling $81,000; (4) they sold a piece of equipment for $50,000 that they were carrying on their books for $20,000; (5) they earned net income of $140,000. What would be shown on the Statement of Cash Flows for “Cash from financing activities” based on the information above?

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