Question #7700002

Do the financing activities section of the cash flow statement for HV Farm Inc. year ended July 31st, 2013....?

Do the financing activities section of the cash flow statement for HV Farm Inc. year ended July 31st, 2013 from the following information: a.Paid $225,000 dividends to shareholders both preferred and common b.Sold equipment for $150,000 to redeem preferred shares with book value $160,000 c.Sold investment for cash with Net Book Value of $600,000 for a profit of $150,000 d.Purchased equipment for $545,000 cash after $200,000 trade-in allowance e.Refinanced long term bonds of $1,500,000 f.Issued common shares for $7,000,000 cash g.Purchased equipment for $3 million using chattel mortgage debt for $1 million h.Retired $2 million in long term debt with payment of $1,750,000 Thank you

2013-06-23 03:51:44

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