Question

Carla Vista Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During the year Carla Vista had repaid existing debt of $313,400 and raised additional debt capital of $649,200. It also repurchased stock in the open market for a total of $44,170. What is the net cash provided by financing activities

Answer 1

Answer:

$291,630

Explanation:

The computation of the net cash provided by financing activities is shown below:

Cash flow from financing activities

Less: Existing debt repaid -$313,400

Add: Raised additional debt capital $649,200

Less: Repurchased stock in the open market - $44,170

Net cash provided by financing activities $291,630

We added the additional debt capital and the rest items are deducted

Answer 2

Answer:

net cash provided = $291630

Explanation:

given data

Carla Vista had repaid existing debt = $313,400

additional debt capital = $649,200

open market for a total = $44,170

solution

we get here net cash provided that is

net cash provided = additional debt capital  - open market for a total -Carla Vista had repaid existing debt ..................1

we put here value and we get

net cash provided = $649,200 - $313,400 -$44,170

net cash provided = $291630